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How to pass the apartment sales entry & STax

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 November 2010 We selling apartments and getting partpayment from customers. Payment schedule is partpayment . How raise the service tax on payment and how to pass the entries. Please give me entry system and how to calculate the service tax on instalment payment or final payment time ?

please give me step by step procedure ?

Murali P N
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
19 November 2010 Service tax is cahrageable by customer after the execution of sale deed.
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