Out put service tax

Queries 530 views 4 replies

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) 

Replies (4)

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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