Service Tax Rules, 1994

This query is : Resolved

Malcome M Bandya (Querist)
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29 April 2011 Dear Sir,

Please give the list of all accounts maintained as provided in Service Tax Rules, 1994.

Regards,

Mal

CA Parmeshwar Rathi

CA Parmeshwar Rathi (Expert)
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29 April 2011 No any mandatory books of accounts are mentioned in the law, but accounts books are to be maintained in such a way, which would properly reflact the transactional position, and can be held reliable for CENVAT purpose.

SUGGESTED BOOKS OF ACCOUNTS UNDER SERVICE TAX :

1. Cash Book;

2. Bank Book;

3. Journal Book;

4. Cash, Bank and Journal vouchers (debit and credit);

5. Sales bills and registers including supplementary invoices (showing service tax separately);

6. Invoices / challans for input credit distribution and consignment notes, if any;

7. Purchase bills and registers;

8. Other subsidiary records, ledgers and registers as may be necessary.

9. Record/Register of receipt and consumption of input, input services and capital goods and tax paid thereon, output Cenvat credit claimed and balance to claim Cenvat Credit.

10. Files containing service tax agreements entered into with clients or customers.