Freight outward journal entry
This query is : Open
11 May 2016
Sir, How to pass journal entry in the case of freight outward under reverse charge machanism of service tax.
12 May 2016
entry a follows:
freight outward exp.
service tax paid(outward)
SBC tax paid (outwards)
to Vendor
To service tax payable
To SBC payable.
freight outward exp.
service tax paid(outward)
SBC tax paid (outwards)
to Vendor
To service tax payable
To SBC payable.
Message likes :
1 times
12 May 2016
Sir, actually I heard that, there is no provisions to claim CENVAT Credit from the service tax paid on outward freight.
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