To get started, you have to enable the service tax module in Tally.ERP 9 and enter your company's service tax registration details.
To enable service tax
1. Go to Gateway of Tally > F11: Features > Statutory & Taxation.
2. Set Enable service tax? to Yes.
3. Enable the option Set/alter service tax details?. The Service Tax Details screen appears as shown below:
4. Enter Service tax registration number.
5. Select the Type of organisation from the List of Organisations.
6. Select the required tax liability computation method in the field Compute tax liability based on.
7. Enable Set/alter service tax details? to set service tax details in the company level to open the Service Category Alteration (Secondary) screen:
o Enter the Name of the category.
o Enter rate of Service tax.
o Enter the rate of Education cess, if required.
o Enter the rate of Secondary education cess, if required.
o Enter rate of Swachh Bharat cess.
The completed Service Category Alteration (Secondary) screen appears as shown below:
o Press Enter to save.
Note: You can view all the changes made to service tax details such as applicable from, category name, service tax, and others.
8. Enable Define service category and tax details as masters, if required.
9. Set Is reverse charge applicable? to Yes, if required.
10. Enter PAN/Income tax no. in the Company Operations Alteration screen.
11. Enter Corporate Identity No. (CIN).
12. Press Enter to save.