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Journal entry

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Querist : Anonymous

Querist : Anonymous (Querist)

13 February 2012 Dear all

I have a problems regarding service tax--

what will be journal entry passed in the books of service receiver of Input services and out put services........

(Service receiver is as a consultancy service provider)
Give reply with examples..

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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13 February 2012 For output service

Dr: Debtors
Cr:Sales
Cr: Service tax payable
Cr:E.cess payable
Cr:SHE.Cess payable

For input service

Dr: Expenses
Dr:Cenvat - Service tax
Dr:Cenvat- E.cess
Dr:Cenvat- SHE cess

Querist : Anonymous

Querist : Anonymous (Querist)

18 February 2012 Thank you sir for resolve my query but i could not be clarify what would be ledger group of cenvat service tax, under group current assets or others.

Give me solution soon.

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