Question 84
Devangi's phone subscription charges for the period 17 - 02 - 09 to 16 - 03 - 09 were as follows
PeriodAmount(in Rs)Service tax%17−02−09to23−02−09199.7512%24−02−09to16−03−09599.2510%
Find the final bill amount,if 3 %education cess was also charged on service tax.
On the basis of above given table,
Amount for service tax 12%=199.75+12100×199.75=199.75+23.97=Rs.223.72
Amount for period 24 - 02 - 09 to 16 - 03 - 09 = Rs. 599.25
Amount with service tax @ 10%=599.25+599.25×10100=599.25+59.925=Rs.659.175
∴ Total bill amout = Rs. 223.72 + Rs. 659.175 = Rs. 882.895
Total bill amount including education cess of 3%=882.895+3% of 882.895=882.895+3100×882.895=882.895+26.486=Rs.909.39