Price Inclusive/Exclusive of Taxes

[Former Member]

Sir

My Client  Requirement as given below. Can any Person will help me out

Sales order Requirement according to the Pricing Procedure

Product Base Price 1000

Value of service(Inclusive of taxes) 500 A mount

Base value for service = 445.00

Service tax 12%        =  53.40

service tax 2%         =   1.07

Service tax 1%         =   0.53

V.Rama Rao

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[moazzam_ali]

Hi

I guess it is reverse calculation. Search for this text and see already discussed threads. If you have done some research or testing then please share that as well. From your question it looks like you haven't tried it yet. Reverse calculation is the way we calculate taxes from tax inclusive price.

Thank$

[Former Member]

As per my view feed base value exclude tax and then calculate service tax through condition Technic.

Suresh Kumar