Ca service tax bill entry

This query is : Resolved

Gajjala Satheesh (Querist)
Follow

14 December 2012 Dear Sir/ Madam,

I received a bill from CA for Partner ship deed for Rs. 2500/- and ST - Rs. 309.

How to paste journal & Payment. How to tally the ledger. The total amount is paid by cash.

Tell me the entries. Plz

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
Follow

14 December 2012 Cash a/c dr 2809
TO Fees a/c 2500
To Service tax a/c 309
(Being fee collected for preparation of Partnership deed and service tax on it collected)

When you deposited the service tax to the government then

Service tax a/c 309
To Cash/Bank a/c 309

(Being service tax payable for the month/quarter paid to the government vide chalana no.......)

OM SAI SRI SAI JAI JAI SAI

@VaibhavJ

@VaibhavJ (Expert)
Follow

14 December 2012 Hi

Dr. Prof. Fess Exp. A/c - Rs. 2500
Dr. ST Input Available A/c - Rs. 309
To Cr's A/c (CA personal A/c) - Rs. 2809

At the time of pyament to CA

Cr's A/c Rs. 2809
-To Cash A/c Rs. 2809

Thanks//Vaibhav
Revert for more clarity.
Click thank button to convey your appreciation.

Upgrade to CAclubindia Pro. Subscribe Now!

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
Follow

14 December 2012 My entry is based on you are the receiver of fees. In case you are the payer of fees(i.e service receiver) then Mr.Vaibhav's Entries is correct.

OM SAI SRI SAI JAI JAI SAI