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Defining Service Tax Rate at Stock Item or Group Level

When the service tax details are defined in the stock item/group level, the service tax rate, if defined at the company or master level will be over-ridden.

To define service tax details

1. Go to Gateway of Tally > F11: Features > Statutory & Taxation .

2. Set Enable service tax? to Yes .

3. Set the option Set/alter service tax details? to Yes . The Service Tax Details screen appears.

4. Set Enable service tax details for stock groups/items? to Yes to enable service tax details in the stock item/group level.

5. Press Enter to save.

For step-by-step produce to create a stock item with service tax details, refer Creating Stock Item and Creating Stock Group .

See Also

Defining Service Tax Rate at Company Level

Defining Service Tax Rate at Ledger Level

Defining Service Tax Rate at Group Level

Defining Service Tax in Voucher Type