acconts

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SUMIT KUMAR (Querist)
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27 December 2010 sir i am working in a hospital at the post of account assistant

i have a problem in service tax

becouse when we applied for service tax in our hospital bills for tpa compnies
at the time of payment tpa compnies make a payment with a some lesser amount so how can i settel in service tax

example

we applid in bill 51000 ( bill 50000 and st 1000)

company make payment 49000 ( 48500 + 500 )

what entry will be make at the time of applied and at the time of receipt in tally

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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27 December 2010 service tax is payable based on payment, If you have paid the tax based on invoice you can adjust the same with another invoice in the same quarter, otherwise you have to apply for refund.

SUMIT KUMAR

SUMIT KUMAR (Querist)
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28 December 2010 thankyou sir

what entry will me done at the time of apply and receipt of service tax.

current extry done by me pls check it and give me advice

example

bill amount= 15321
service tax= 1266
medicine= 1755
tpa name = md india
at the time of applid

md india DR 15321

Service tax applied CR 1266
Medicine CR 1755
Hospital Share cr 12300

at the time of reciet

company make a payment short in bills and not bifrication of amount.

what entry will be done in tally 9.0

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