Poonawalla fincorp
Poonawalla fincorp

accounting of fright inward rcm service tax

This query is : Resolved 
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(Querist)
23 June 2016 SIR
SERVICE TAX PAID ON FRIGHT INWARD TO BE ACCOUNTED AS FRIGHT EXPENSES -CLARIFY
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Gokul Sharma

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Gokul Sharma (Expert)
23 June 2016 fright inward dr service tax dr to cash for RCM service tax dr to service tax payable service tax payable to cash
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Rupesh Jain

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Rupesh Jain (Expert)
24 June 2016 if you can claim the service tax on freight on inwards.
if you are not taking the cenvat then book under freight as service tax paid on freight. as freight exp.
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