turnover for service tax purposes

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  1. kishen pejathaya pk

    kishen pejathaya pk New Member

    Dear Sir,
    If my gross receipts is 10 lacs and 2 thousand,please clarify if I have to first calculate the nett figure by dividing by 1.15 and take the resultant figure as net receipts
    Regards
    Kishen Pejathaya
     
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