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Service Tax Reverse Charge Entry

Reverse Charge is paid by service receiver instead of service provider. With effect from 01-07-2012, some more service categories have been included under Reverse Charge. Under this approach, for the payment of service tax, service receiver cannot claim the general…
How to Modify Tax Details in Service Tax Transactions

To modify tax details in transactions 1.     Click F12: Configure in the voucher. 2.     Set the option Allow modification of tax details for service tax? to Yes. 3.     Press Ctrl+A to save changes and return to voucher. 4.     Select the required sales ledger. The…

On 30-06-2016, AtoZ Company paid ₹ 2,800 as service tax, ₹ 100 as Swachh Bharat cess, and ₹ 100 as Krishi Kalyan cess to the department from their State Bank of India account. To record the regular service tax payment…

To record payment of Swachh Bharat Cess 1.     Go to Gateway of Tally > Display > Statutory Reports > Service Tax Reports > Form ST 3. Note: The payment entry can be initiated from: ■    Accounting Vouchers menu option by clicking F5: Payment. ■    Form ST-3…