1. what are the ledgers to be open for service tax
accounting & under which group in tally?

2. what is the journal entry to be pass when adjusting
input & output service tax at the end of the month?

Regards
Sakthivel
sakthi_135@hotmail.com

Answer Posted / pramod powar

fristly create aservice tax ledger under sales grouping
secondly create a ledger output service tax under duties &
taxes grouping


At the End Of The Month Entry Will Be

Output Service tax A/c Dr
To Bank A/c Cr

Regards

Pramod Powar
pramodgpowar@gmail.com

Is This Answer Correct ?    2 Yes 1 No



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