Education cess
Querist : Anonymous
further if we purchase services and get Service Tax input Rs. 1000/- as S.Tax, 20 as Edu. cess, and Rs. 10 as Sec. Edu. Cess.(12.36 %)
my querry is how much input credit we actualy received Rs. 1000/- or Total Rs. 1030/-
Thanks
.
.
Later Create 3 Output ledgers and 3 input ledgers under [EXCISE DUTY]
.
.
On Payment time transfer to Service tax Payable after adjusting the input to output
.
.
From there Bank payment will happens
Querist : Anonymous
can please tell me the adjusting entry of input & out put, I am fresher one
kindly info me in brief
.
.
Cr.Service tax input
Cr.serv.tax. Edu. cess
Cr.Serv.tax Sec.Cess
Dr.Output Service tax
Dr Output Educess
Dr.Output Sec.Cess
Cr.Service tax payable
.
.
.
On payment
Dr.Service tax Payable
Cr.Bank A/c
.
.
Cr.Service tax input
Cr.serv.tax. Edu. cess
Cr.Serv.tax Sec.Cess
Dr.Output Service tax
Dr Output Educess
Dr.Output Sec.Cess
Cr.Service tax payable
.
.
.
On payment
Dr.Service tax Payable
Cr.Bank A/c
Click here to login now
Similar Resolved Queries
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- FTS Taxable under 115A
- Management System (IMS)
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
