Service Tax Payable Report

Go to Gateway of Tally > Display > Statutory Reports > Service Tax Reports > Service Tax Payables

The screen display the details of the Service Tax Payable.

1. Date - The date of the sales invoice is displayed.

2. Ref No. - The reference number given to the sales invoice.

3. Party’s Name – The name of the customer to whom the sale is made.

4. Category Name – Name of the category of service is displayed.

5. Bill Value: This column displays the bill amount.

   • Assessable Value – The assessable value for the service.

   • Service Tax - The total service tax calculated on the assessable value.

   • Cess - The sum of Education Cess and Secondary Education Cess (Applicable from 11-5-2007) calculated on Service Tax.

6. Realised Value: This column displays the amount received on the invoice value.

   • Assessable Value – The assessable value based on the realised value.

   • Service Tax Payable - The amount of service tax payable based on the realised value.

   • Cess Payable – The Total Cess (Education Cess and Secondary Education Cess) on the Service Tax Payable based on the realised value.

7. Total Payable – The amount of Service Tax Payable inclusive of Educational Cess and Secondary Education Cess is displayed in this field. This value is calculated on receipt of payment.

Use the Alt+P key or click on Print option to print your report.