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what is Rate of Service tax and Entry of Service Tax?
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Answer Posted / bharat
Service tax Rate is 12.36%
Journal Entry for Recoverable Ser. Tax...
Service Tax Recova. a/c .......Dr.
Edu.Cess a/c ...........Dr.
Higher Ed. Cess a/c .....Dr.
To Party A/c
(Being Ser. tax Booked)
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