St on exp provision ?

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akbar

akbar (Querist)

22 April 2015 IT IS MANDATORY TO CREATE SERVICE TAX ON EXPENSES PROVISION AS AS MANDATORY TDS ON EXPENSES PROVISION.

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)

22 April 2015 TDS is a liability which u had to deduct...

ST is not your liability...

Or plz elaborate the exact situation for which u wanna book expense...

akbar

akbar (Querist)

22 April 2015 Professional service charges bill for the month of March-15 but mentioned bill date is April-15 hence we require to make a provison party is charging ST on bill hence we now clarify whether it is require to make proviison for ST for thak kind of Exp provision.

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)

22 April 2015 u can make provision of expenses only on 31st march... there wont b any provision of service tax part....if u r taking service tax as input...!!

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