Dear All,
I want to create tax code wich is calculate vat on total price
For eg.
Net Price = 1000
Service Tax 12.36% = 123.6
Now i want to calculate VAT on total Price Means 1123.6
Recently i have create one tax code but it will calculate as per following,
Net Price = 1000
Service Tax 12.36% = 123.6
VAT = 50
In place of 50 VAT should be 56.18
Thanks,
Mahipal