https://help.tallysolutions.com/docs/te9rel64/Tax_India/Service_tax/Creating_a_group_with_Service_Tax.htm

Creating a Group with Service Tax Details

When you create groups with service tax details, the ledgers created under these groups will inherit the service tax details.

To create a group with service tax details

1. Go to Gateway of Tally > Accounts Info. > Groups > Create .

2. Enter the Name of the group.

3. Select the Group from the List of Groups (purchase or sales account).

4. Enable Group behaves like a sub-ledger? , if required.

5. Enable Nett Debit/Credit Balances for Reporting , if required.

6. Enable Used for Calculation (eg. Taxes,Discounts) , if required.

7. Define Method to Allocate when used in Purchase Invoice? , as required.

8. Enable Set/alter service tax details? to set service tax details in the company level.

o Enter the Name of the category. On selecting a service category, the service tax details defined in that service category will be inherited.

o Enter rate for Service tax .

o Enter rate of Education cess , if required

o Enter rate of Secondary education cess , if required.

o Enter rate for Swachh Bharat cess .

o Enter rate for Krishi Kalyan cess .

The Service Category Alteration (Secondary) screen appears as shown below:

o Press Enter to save.

Note: Once the service tax details is defined in the group level, the company level service tax rate (if defined) will be over-ridden while recording a transaction.

Viewing Service Tax Details

To view the service tax details

Press Alt+L on the Service Category Creation (Secondary) screen.

You can view all changes made to service tax details such as Applicable From , Category Name , Service Tax , Swachh Bharat cess , and Krishi Kalyan cess .

See Also

Recording service code and sub-clause number

Recording abatement details