HOW IS SERVICE TAX CALCULATED?
This is a tax recognized by the Relevant Tax Authority
Charged on services rendered to any given customer.
Calculation:-   Value of service or goods     xxx
Add % of Value of service                            x
Total value of service                                 xxx
for eg:
bill amount                           100000/-
india tax rule as per –           12.36%
bill value is                           100000/-
(add) service tax                           12.36%
12360/-
total value is è 112360
112360 is value of bill.
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