Skip to Content
0
Former Member
Feb 25, 2009 at 12:22 PM

calculation of tax on inclusive amounts

556 Views

Dear all expert.

We have a problem as follows

I want to calculate Service tax on inclusive amount. For example........

total Invoice amount is Rs. 100.00

Service Tax is % 12.36

Therefor Service tax amount is 100*100/112.36

Therefore i want to post total amount( inclusive of Tax). and system calculate automatically tax amount. and total amount should not exceed Rs. 100.00

Please reply soon.