Service tax receivable

This query is : Resolved 

08 August 2011 What will be the accounting entry for advance payment to Party....??

Advance Payment to Party Rs. 110 Rate of Service Tax [Assumed to be 10%]

08 August 2011 Service tax receivable can be taken based on the document proof, if the service provider giving the advance receipt with segregating the service tax,then you can take the same


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