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Service Tax Receivable

This query is : Resolved 
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(Querist)
07 July 2008 Dear sir,

While making payment to BSNL.We will make entry as follow:

Telephone expenses ac ----Dr.
Service Tax rece ac ------Dr.
To Cash / bank ac.

But this Service Tax Reced Ac will show Debit balance.What will be the next accounting entry & Taxation provision.

Plz tell help me.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
07 July 2008 If you are utilising servicetax for Cenvat,
Cenvat utilisation account Dr
To Service tax recoverable

If you are not utilising, Then,

Service tax a/c dr
To servicetax recoverable
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