Service Tax

• Service tax was being calculated for VAT value when inclusive of VAT voucher class was used, resolved: When a transaction was created with inclusive of VAT voucher class along with service tax, the VAT value was being considered while calculating service tax and displayed in Tax Analysis screen.

  Now, VAT values is not considered for service tax calculation.

• Assessable Value in service tax invoice print out was incorrect when inclusive of VAT  voucher class was used, resolved: When a transaction was created with inclusive of VAT voucher class along with service tax, the service tax was getting calculated for sales value but the invoice printout was displaying item value as Assessable Value.

  Now, the correct Assessable Value is printed in the invoice when a transaction is created with inclusive of VAT voucher class along with service tax.

• Service tax amount was not getting rounded off when recorded in a journal voucher, resolved: When a service tax transaction was recorded through journal voucher, the service tax amount was not getting rounded off even when Rounding method was enabled for the ledger.

  Now, when a service tax transaction is recorded through journal voucher, the service tax amount is getting rounded off, when Rounding method is enabled for the ledger.

• Service Tax amount was not getting captured automatically when a Stat Adjustment was done, resolved: When a Stat Adjustment was done for Input Credit Adjustments, the service tax amount was not getting captured automatically. It had to be entered manually.

  Now, when a Stat Adjustment – Input Credit Adjustments is done, the service tax amount is captured automatically.

• In sales invoice, service tax amount was getting recalculated on the whole amount when sales order with service tax was tracked, resolved: Now, in sales invoice, the service tax amount will be as per the tracked order.

• Incorrect  Service Tax Payable amount was displayed in Form ST3 after data migration, resolved: When data was migrated to Tally.ERP 9, release 5.0, the Form ST3 was displaying incorrect  Service Tax Payable amount in B1.17 and B1.19 fields.

  Now, the correct values of Service Tax Payable are displayed in Form ST3 after data migration.

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