Hello to all members & Admin I have one client who deals in Govt Electrical Contract. I give some eg :- Invoice of Rs 100000 Which he Divided into two part ie one for supply of Material & another is for giving the Service. ie He wanted to Give ration as 60% of Material Supply on which Vat @ 5% was calculated & on 40% of giving the Service where Service Tax Was Calculated @ 12.36%. ie his Total Bill of Rs 100000.00 60 % for Raw Material Rs 60000.00 Vat @ 5% Rs 3000.00 40% For Servicing Rs 40000.00 Service Tax @ 12.36% Rs. 4944 I have done this upto this level. But My Problem is that in Bill we have to ADD :- Additional Tax ie LBT @ 3% or 4% whatever the %. But this LBT Rate was calculated only on Supply of Raw Material ie Rs 60000 only @ 3% ie Rs 1800. But in Tally this was caluated on Total Invoice Amt ie on Rs 100000. Then pl give me the code was calculating LBT @ 3% on only Supply of Raw Material or Taxable VAT Amount in this condition. Waiting for Replay................................................................................................... Pankaj jain
I know this was in built featured in Tally; I also Done in this manner. But My Problem is that in Bill we have to ADD :- Additional Tax ie LBT @ 3% or 4% whatever the %. But this LBT Rate was calculated only on Supply of Raw Material ie Rs 60000 only @ 3% ie Rs 1800. But in Tally this was caluated on Total Invoice Amt ie on Rs 100000. Then pl give me the code was calculating LBT @ 3% on only Supply of Raw Material or Taxable VAT Amount in this condition. Waiting for Replay...................................................................................................
