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Former Member
Jun 30, 2007 at 05:17 AM

Services performed alog with materials

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Dear experts,

PLease help me out with following scenario -

we have been getting some services from a vendor alonwith materials and the price / Tax structure is as follows -

Service 1 20000 Rs

Material 1 2000 Rs

Material2 4000 Rs

Total value 26000 Rs

Amount for calculating Service tax will be 33% of Total value i.e. 8580 Rs

12% tax on 8580 is 1030 Rs

ECess on 1030 is 21 Rs

Total taxes are 1051 Rs

Final value of bill should be Rs 20000 + 1051 = 21051 Rs

PLease help me out mapping the same