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can you please tel me formula for vat ,nbt & service charge in hotel?

in VAT by

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by (4.8k points)

Example

Rs.

Selling Rate

                  100.00

Service charge 10%

                    10.00

Rate with S/C

                  110.00

NBT 2% (2/98)

                      2.24

Rate with S/C & NBT

                  112.24

VAT 11%

                    12.35

Rate to publish in order to get net rate of 100

                  124.59

 

Check excel here:

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