Service Tax Setup Window
Specifies the rate of service tax, eCess and SHE Cess for various categories of services and their applicable date. You must define the abatement percentage for a service in which it is applicable.
You must also define the necessary general ledger accounts to which the amount of service tax will be credited or debited.
To post the amount of credit that is received from Input service distributor, you need to define the Service tax receivable (interim) dist. account and Service tax receivable dist. account.
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