Treatment of ec and shec under 14% service tax

Rahul Mishra (Accounts Head) (37 Points)

30 January 2016  

Dear Experts

I want to know how to account and pay for EC and SHEC under new ST rate of 14%. Is any back calculation to be done or whole 14% ST is to be paid and accounted as Service Tax (including EC & SHEC). Is there no need for separate accounting codes for GAR7 anymore?

 

Thank you

Rahul Mishra