For each service rendered and received, a service category can be created.
Enable the option Define service category and tax details as maters? in the company's F11: Features > Statutory & Taxation to activate Service Category feature.
To create a Service Category
1. Go to Gateway of Tally > Accounts Info. > Statutory Info. > Service Categories > Create.
2. Enter the following details in the Service Category Creation screen:
● Enter Name of the service category.
● Enter the rate of Service tax.
● Enter the rate of Education cess, if required.
● Enter the rate of Secondary education cess, if required.
● Enter the rate of Swachh Bharat cess.
3. Press Enter to save.
Note: Multiple service categories can be created if the option Activate user defined categories is enabled.
Click the links below for configurations:
Recording service code and sub-clause number
'Creating Service Category (Service Tax)' has been shared with
