What is Import of service ? As per service tax rules, import of service is any service provided from outside India and received in India. Tax on such services is known as tax on import of services and the service…

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…

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…