Service Tax
This query is : Resolved
Reetika Goel
(Querist)
30 December 2009
While working out ST liability for the month of October' 2009, i faced the following problems at some client place:
1. They are using SAP and it does not automatically transfer ST availed to ST utilised on part payment of bills, though cleared bills credit is transfered but problem comes with part payment bills.
2. If payment is made in advance or payment is made in round figures then also it doesn't knock off this payment with bills.
And they have almost 4000 vendors who provide bills including ST.
Problem is how to transfer the correct amount from ST Receivables to ST Utilised Account???
1. They are using SAP and it does not automatically transfer ST availed to ST utilised on part payment of bills, though cleared bills credit is transfered but problem comes with part payment bills.
2. If payment is made in advance or payment is made in round figures then also it doesn't knock off this payment with bills.
And they have almost 4000 vendors who provide bills including ST.
Problem is how to transfer the correct amount from ST Receivables to ST Utilised Account???
Reetika Goel
(Querist)
07 January 2010
M still waiting for some reply....
Plz help!!!
Plz help!!!
Dhirajlal Rambhia
(Expert)
02 July 2023
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