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Former Member
Sep 15, 2010 at 11:11 AM

Service tax on Freight

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Hi All,

How to map the below scenario where service tax is calculated on freight and then added to the total and on this total VAT is calculated.

BASIC AMOUNT: 1000

Loading Charges: 100

Freight Charges: 200

Service tax on freight@2.575%: 5.15

Now my VAT is calculated as: (1000100200+5.15) X 4%

How can I map this scenario??

Regards

Ayyallas

Edited by: ayyallas on Sep 15, 2010 1:13 PM