Service tax_customer

Bijoy (SAP FICO) (48 Points)

31 January 2013  

Hai Experts;

A Software comapny is making below mentioned entry for service provided:

Dr. Customer

Cr. Service Tax Collected (12.36%)

Cr. Revenue

Once received the Cheque, entry would be;

Dr. Bank

Cr. Customer

Cr. TDS on consulting  (10%)

Payment of Service Tax to Govt:

Dr. Service Tax Collected (12.36%)

Cr. Bank

whether these entries are enough for sales?

Also, once the TDS rcvd frm Customer, what we will do?

i can forward with thses entries?

Waiting an Expert opinion