Service tax invoice issue

Now suppose, I took someone's services which are covered under 60% abatement. and the party raised the invoice as said above.

if the party's account in Tally.ERP 9 is service tax affected, then how the entry would be passed?

Originally posted by : Ajit kumar Dubey
	The invoice will be raised worth Rs 1,00,000/- plus service tax @ 12.36 on Rs 40,000/-.

I should mention the abatement value in the invoice.

Please mention the abatement value like this:

Services value                                         Rs. 1,00,000.00

Add Service tax @ 4.944%                   Rs.       4,944.00

                                                                  -------------------------

Total                                                         Rs.1,04,944.00

                                                                  ----------------------

Most of the rent-a-cab service providers and abatement availed service providers charge the net rate i.e after availing the abatement.

Dear friend mr Dubey,  It is okay.  Since i am receiving lot of input service invoices showing the net rate, i have suggested the same.  

Agree with Mr. Dubey...

Dear CA Chowdhury and all, what be the entry in the books od recipient of service under the reverse charge mechanism?