SERVICE TAX ACCOUNTING

This query is : Resolved

Prashant Kumar Gupta (Querist)
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11 October 2010 I AM AN ACCOUNTANT IN PVT LTD COMPANY. COMPANY IN DEALING VEHICLE SALES & SERVICE. COMPANY HAVE SERVICE TAX REGISTRATION NO.
HOW CAN I ACCOUNTING OF LABOR CHARGES OF VEHICLE AFTER SALES. CAN I CLAIM SERVICE TAX WHICH IS CHARGED BY OTHER FROM COMPANY.
PLSSSSSSSSSSSS TELL ME

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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12 October 2010 Debit customer
credit Service charges ( labour cost)
credit service tax payable

You can take input credit on service tax paid by the company as service tax input credt , which will be adjusted against service tax payable a/c .