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Accounting Treatment Of service Tax

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(Querist)
21 March 2009 Please Explain me accounting traetment of service tax in order to avail credit
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Dayal

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Dayal (Expert)
21 March 2009 Accounting of Expense in books

Expense Dr

Service Tax DR


To Service provider

Payment entry


Service provider Dr

To bank


When adjusting credit


Service tax Cr( Adj)

rates and taxes Dr.

To Bank

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