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If I make a payment including service tax then should I book service in a/c seperately or not?
if you want to claim input credit on service tax then pass service tax entry otherwise no need.
Pass the following Journal Entry
Z Security Service (Creditor) A/c Dr. 10000
Input Service Tax A/c Dr. 1030
To Bank A/c 11030
(being Payment made for security service )
Regards, Devendra
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