Devangi’s phone subscription charges for the period 17-02-09 to 16-03-09 were as follows
Period Amount (in Rs) Service Tax %
17-02-09 to 23-02-09 199.75 12
24-02-09 to 16-03-09 599.25 10
Find the final bill amount if 3% education cess was also charged on service tax
Solution:
Amount of Phone subscription charges payable for the period 17-02-09 to 23-02-09:
= Rs. 199.75 + Service Tax @ 12%
= Rs. 199.75 + (12/100) × 199.75
= Rs. 199.75 + Rs. 23.97
= Rs. 223.72
Amount of Phone subscription charges payable for the period 24-02-09 to 16-03-09:
= Rs. 599.25 + Service Tax @ 10%
= Rs. 599.75 + (10/100) × 599.25
= Rs. 599.25 + Rs. 59.925
= Rs.659.175
The Total Service Tax levied = Rs. 23.97 + Rs. 59.925
= Rs. 83.895
An education cess of 3% is also levied on the service tax:
Education Cess = 3% of 83.895
= (3/100) × 83.895
= Rs. 2.52
Final Bill Amount = Rs. 223.720 + Rs. 659.175 + Rs. 2.520
= Rs. 885.415
✦ Try This: Anjali’s phone subscription charges for the period 17-02-09 to 16-03-0 were as follows:
Period Amount (in Rs) Service Tax %
17-02-09 to 23-02-09 299.75 18
24-02-09 to 16-03-09 699.25 12
Find the final bill amount if 3% education cess was also charged on service tax.
☛ Also Check: NCERT Solutions for Class 8 Maths Chapter 8
NCERT Exemplar Class 8 Maths Chapter 9 Problem 84
Devangi’s phone subscription charges for the period 17-02-09 to 16-03-09 were as follows: Find the final bill amount if 3% education cess was also charged on service tax
Summary:
Devangi’s phone subscription charges for the period 17-02-09 to 16-03-09 were as follows: The final bill amount if 3% education cess was also charged on service tax is Rs. 885.415
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