All Stories

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 the amount on which service tax is charged. In such a case, service receiver will…

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 help in capturing the value for each flag in respective fields of Form ST3. To…
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 Vouchers > F7: Journal. 2.     Click J: Stat Adjustment to enable required options in Stat Payment…
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 Vouchers > F7: Journal. 2.     Click J: Stat Adjustment to enable required options in Stat Payment…