Service tax on Audit

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Bhawani (Querist)
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28 May 2010 Dear sir please tell me about the service tax on audit fee by Professionals.
What will be entry in the books of tax payer on audit fee?

Shyam Lal Naik (Expert)
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28 May 2010 Assuming that auditee is not eligible for Cenvat, entire amount will be debited to Audit Fee Account.

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