How to: Adjust Service Tax Credits
You can use the Adjust Service Tax Credit batch job to adjust service tax credits related to input service tax distributors.
To adjust service tax credits
In the Search box, enter Adjust Service Tax Credit, and then choose the related link.
On the Options FastTab, fill in the fields as described in the following table.
Field Description Service Tax Registration No.
The service tax registration number.
Service Tax Group Code
The service tax group code.
Vendor Code
The code for the vendor whose service tax credit entries are being adjusted.
Start Date
The starting date for the report.
End Date
The ending date for the report.
Input Service Distributor
Select to adjust the credit for service tax entries related to input service distributors.
Choose the OK button.
In the Adjust Service Tax Credit window, select the required service tax entry.
Note
You must select the entries with Document Type as Payment for invoices orDocument Type as Refund for credit memos.
On the Navigate tab, in the Function group, choose Adjust Credit.
The service tax credits for input service distributors are adjusted.
Choose the OK button.
See Also
Tasks
How to: Set Up Input Service Distribution
How to: Calculate Service Tax for Input Service Distribution
How to: Transfer Service Tax Credits
How to: Print Input Service Details Reports
How to: Print Input Service Distribution Register Reports
How to: Print Service Tax Entries for Service Tax Distribution