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Re: Service Tax Calculation on Total Amount

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The following is my understanding from your requirement:

 

You will pay the ST amount to vendor.

i.e. Total Bill value is Rs. 1145

Vendor : Cr : 1145

Services Ac : DR : 1000

ST : DR : 145

 

Maintain the condition type "JSVD IN:Service tax debit" for the Tax code in FV11 or FTXP (as per your Taxation Procedure) and check the entry with this Tax Code. (Create a new tax code if the existing tax code is already used).

 

Gopal.


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