Journal entry under servicer receiver(rcm)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 May 2014
How to make journal entry of GTA and a cab taken on contract by receiver under (RCM)
22 May 2014
A. Rent a cab
Expense a/c xXxx
To service provider a/c xxxxx
To service tax payable a/c xxxxx
Note since input credit is not available as per input service definition the service tax paid will be added to cost.
Expense a/c xXxx
To service provider a/c xxxxx
To service tax payable a/c xxxxx
Note since input credit is not available as per input service definition the service tax paid will be added to cost.
22 May 2014
B. For GTA
Expense a/c. Xxxxx.
Cenvat a/c. Xxxxxx
To Service provider a/c. Xxxxxxx
To service tax payable a/c xxxxxx
Expense a/c. Xxxxx.
Cenvat a/c. Xxxxxx
To Service provider a/c. Xxxxxxx
To service tax payable a/c xxxxxx
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
