Other Configurations for Service Tax

In this topic

Listing all organisation types

Configuring for SEZ unit

Configuring for input service distributor

Configuring for Large Tax payer Unit (LTU)

Defining service tax details in stock groups/items

Creating multiple tax units

Listing All Organisation Types

By default, only Individual/Proprietary, Partnership, Registered Private Ltd Company and Registered Public Ltd Company appears in the List of Organisations.

To enable all organisation types for selection

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

  2. Enable the option Set/alter service tax details.

  3. Click F12: Configure.

  4. Enable the option Show all organisation types.

  5. Press Ctrl + A to accept. All the organisation types will appear in the List of Organisations for the option Type of Organisation.

Configuring for SEZ Unit

To enable SEZ Configurations

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

  2. Enable the option Set/alter service tax details.

  3. Click F12: Configure.

  4. Set the option Enable SEZ unit to Yes.

  5. Press Ctrl + A to accept.

  6. Enable the option Is company in SEZ.

  7. Enter the IEC number, if required.

  8. Press Ctrl + A to save the details.

Configuring for Input Service Distributor

To enable Input Service Distributor Configurations

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

  2. Enable the option Set/alter service tax details.

  3. Click F12: Configure.

  4. Set the option Enable input service distributor to Yes.

  5. Press Ctrl + A to accept.

  6. Enable the option Is company an input service distributor.

  7. Press Ctrl + A to save the details.

Configuring for Large Tax payer Unit (LTU)

To enable Large Tax payer Unit Configurations

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

  2. Enable the option Set/alter service tax details.

  3. Click F12: Configure.

  4. Set the option Enable Large Tax payer Unit (LTU) to Yes.

  5. Press Ctrl + A to accept.

  6. Enable the option Is company a Large Tax payer Unit (LTU).

  7. Enter the Name of LTU.

  8. Press Ctrl + A to save the details.

Defining Service Tax Details in Stock Groups/Items

To enable service tax details in stock groups/items

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

  2. Enable the option Set/alter service tax details.

  3. Click F12: Configure.

  4. Set the option Enable service tax for stock groups/items to Yes.

  5. Press Ctrl + A to accept.

  6. Set the option Enable service tax for stock groups/items to Yes.

  7. Press Ctrl + A to save the details.

The option Set/alter service tax details will appear in Stock Group Creation/Alteration and Stock Item Creation/Alteration screens.

Creating Multiple Tax Units

To enable service tax details in stock groups/items

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

  2. Enable the option Set/alter service tax details.

  3. Click F12: Configure.

  4. Set the option Enable multi-unit to Yes.

  5. Press Ctrl + A to accept.

  6. Set the option Enable multi-unit tax registration to Yes.

  7. Press Ctrl + A to save the details.

Click here to know how to create a tax unit.