Rounding off of education cess
This query is : Resolved
16 December 2010
Under Service TAX act rounding off of education cess is allowed or not ? For expample
One person provide service of Rs 100 what will be the invoice amount, will it be
Amount 100.00
Service Tax 10.00
Education cess 0.20
H E Cess 0.10
or
Amount 100.00
Service Tax 10.00
Education cess 0.00(rounded off)
H E Cess 0.00(rounded off)
When various type of services are provided and consolidated bill is raised, the treatment will be same or different
One person provide service of Rs 100 what will be the invoice amount, will it be
Amount 100.00
Service Tax 10.00
Education cess 0.20
H E Cess 0.10
or
Amount 100.00
Service Tax 10.00
Education cess 0.00(rounded off)
H E Cess 0.00(rounded off)
When various type of services are provided and consolidated bill is raised, the treatment will be same or different
CA Ayush Agarwal
(Expert)
16 December 2010
No Rounding Off is There For Education Cess.
U Have to Pay Full Amount to Goverment Whether U Collected Same or Not.
Regards,
Ayush Agrawal
U Have to Pay Full Amount to Goverment Whether U Collected Same or Not.
Regards,
Ayush Agrawal
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
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
