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Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2010 When iam paying rent of warehouse is Rs. 65880/-(service amt) excluding of service amt Rs. 6786/-, totally - 72666/- and iam receiving the payment from the customer for provided service and raising bill B.no.100 is Rs. 72795/- including of service tax whereas Rs. 65997/- is service amt and Rs. 6798/- is Service tax amt and i will receive the payment after deducting the TDS 2% from the customer is Rs. 1456/- (Rs.71339/-), and what amount should be paid to service tax through GAR 7 challan from my side. and what r all the entries should made in tally erp 9

given me a exact explanation

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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30 September 2010 Two things

1. Whether all the output services provided by you comes service tax?

2. If above is yes, than take the full credit of input service tax credit i.e. Rs. 6786 and deposit the balance amount ( 6798-6786). Pls. adjust basic tax with basic and cess with cess.

Accounting- Plz create service tax payable / recivable a/c . and the service tax entry through this account.

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