Posted in Adjustment Entry

Entry for Availing Service tax Input Credit

Consider the following situation: ●      The service provider charges service tax on the services provided, and ●      It is not possible for the service receiver to ascertain…

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Posted in Adjustment Entry

Using Service Tax Adjustment Flags

Service tax adjustment flags are provided for various adjustment transactions involving service tax payable or service tax input credit, as required by the department. These…

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journall entry for advance tax paid adjustment
Posted in Adjustment Entry

How to make Adjustment Towards Advance Service Tax Paid

To create journal voucher for adjustment of advance payment made towards Swachh Bharat Cess and Krishi Kalyan cess 1.     Go to Gateway of Tally > Accounting…

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journal for tax paid but service not rendered
Posted in Adjustment Entry

How to make Adjustment Towards ServiceTax Paid but Service not Rendered

To create journal voucher for adjustment of tax paid but service not rendered 1.     Go to Gateway of Tally > Accounting Vouchers > F7: Journal. 2.     Click…

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excess service tax adjustment journal
Posted in Adjustment Entry

How make Adjustment Towards Excess Service Tax Paid

To create journal voucher for adjusting the excess amount of Swachh Bharat Cess and Krishi Kalyan cess paid 1.     Go to Gateway of Tally > Accounting…

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