Service Tax
This query is : Resolved
30 December 2009
While working out ST liability for the month of October' 2009, i faced the following problems at some client place:
1. They are using SAP and it does not automatically transfer ST availed to ST utilised on part payment of bills, though cleared bills credit is transfered but problem comes with part payment bills.
2. If payment is made in advance or payment is made in round figures then also it doesn't knock off this payment with bills.
And they have almost 4000 vendors who provide bills including ST.
Problem is how to transfer the correct amount from ST Receivables to ST Utilised Account???
1. They are using SAP and it does not automatically transfer ST availed to ST utilised on part payment of bills, though cleared bills credit is transfered but problem comes with part payment bills.
2. If payment is made in advance or payment is made in round figures then also it doesn't knock off this payment with bills.
And they have almost 4000 vendors who provide bills including ST.
Problem is how to transfer the correct amount from ST Receivables to ST Utilised Account???
07 January 2010
M still waiting for some reply....
Plz help!!!
Plz help!!!
02 July 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Minimum tax payable to file Updated return
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Applicability of GST on Salary Reimbursement Component
- Tds on commission charges
- Dep. as per companies act
- Renovation exp. in flat by family member
- FAST-DS Scheme - Foreign Assets
- UDIN ISSUE
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
