Interested to Buy Any Domain ? << Click Here >> for more details...
As a Manufacturer we are paying service Tax on Inwards freight
and the same amount we are taking as a credit against payment
of Excise duty. So,Pls clarify how to pass JV
- 1 Answers
- 3165 Views
- I also Faced
- E-Mail Answers
Answer Posted / motilal
Freight A/c dr 1000.00
service tax liablity(GTA) dr--31.00
To Service tax payable(GTA)--31.00
to Transporter A/c. 1000.00
On payment of Service tax:-
Service tax payable A/c Dr 31.00
Service tax credit Taken Dr 31.00
to service tax liablity(GTA) 31.00
To BAnk A/c 31.00
Verma_moti@yahoo.co.in
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is capital adequacy ratio? What is demat account?
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.
sir i want know how to fill vat return
service tax calculated on agreement value or market value whichver is higher for builders?
What does the investment of personal assets by the owner will do?
What is meaning of invoice?
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
What is account payee cheque? Expand ctc cheque?
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
What is purchase returns accounting
Assigning natural account to accounting seg. What will happen
How to post advance paid to a supplier in oracle jd edwards
What Is Differ tax,
How to prepare finalization accounts?
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
