Answer Posted / sivaraj
They are two heads of Taxation they are (A) Direct TAX (B)
Indirect TAX
The Direct Tax Consists of 1,TDS
The Indirect tax Consists of 1,SERVICE TAX, 2,Sales Tax,And
then Vat
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I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
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