Out put Service tax is our current assest and want to make entry in tally.
in which ledger output service tax should I include ( duties and taxes and current assest)
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Out put service tax
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Output service tax is current liability to be grouped under duties & taxes and input service tax is current asset
Output service tax is CLASSIFIED current liability to be grouped under duties & taxes and input service tax is current asset
Output service tax is CLASSIFIED current liability to be grouped under duties & taxes and input service tax is current asset
Yes poornima ji right
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