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

Creating Service Purchase Ledger (Service Tax)

You can create a ledger for accounting the services received, under Purchase Accounts group.

To create the service purchase ledger

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

2. Enter the ledger Name .

3. Select Purchase Accounts as the group name in the Under field.

4. Set Inventory values are affected? to No .

5. Set the Rounding Method .

6. Set the option Is service tax applicable? to Applicable .

7. Enable Set/alter service tax details? to view the Service Category Creations (Secondary) as shown below:

o Select the Service Category , if required. When the service category is selected, the related service tax details will be applied.

o Enter the Name of the category.

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 .

o Enter the Revised Rate Applicability date.

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

o Press Enter to save details.

Note: You can also view all changes in the service tax details as Applicable From , Category Name , Service Tax , Swachh Bharat cess , and Krishi Kalyan cess .

The Ledger Creation screen appears as shown below:

8. Press Enter to accept.

See Also

Recording service code and sub-clause number

Recording abatement details

Creating Service Sales Ledger

Creating Service Provider Ledger

Creating Service Receiver Ledger