Dear Team,
We are not able to create purchase order as taxcode for purchase of Software licences is missing.
what we want is
Software net price 1,00,000/- (A)
+ 12.36 % Service Tax 12,360/- (B)
Total Net = 1,12,360/- (C)
+ 5 % VAT on (C) = 5618
Final Total = 1,17,978/-
As per declaration, we can charge both the taxes on a commodity; only where its been not firmly cassified under Service Tax OR Local Sales Tax
also we can have get return on both the taxes from Govt.
Regards
Vishal K
+91 986 725 4565