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Creating Stock Item with Service Tax Details
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https://help.tallysolutions.com/docs/te9rel51/Tax_India/Service_tax/Stock_Item.htm

Creating Stock Item with Service Tax Details

To create stock item with service tax details, enable statutory option for stock items in the company's F11: Features > Statutory & Taxation.

To create stock item

1.     Go to Gateway of Tally > Inventory Info. > Stock Item > Create.

2.     Enter Name for the stock item.

3.     Select group in the field Under.

4.     Select Category for the stock item.

5.     Select Units for the stock item.

6.     Enable Set/alter service tax details? to view the Service Tax Details screen:

o      Define the Service category for the ledger. On selecting a service category, the service tax details defined in that service category will be inherited.

o      Enter the Name.

o      Enter rate of Service tax.

o      Enter rate of Education cess, if required.

o      Enter rate of Secondary education cess, if required.

o      Enter rate of Swachh Bharat cess.

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

 

Click the links below for more configurations:

Recording service code and sub-clause number

Recording abatement details