Creating Service Tax Ledger

To create a service tax ledger

1.     Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2.     Enter the ledger Name.

3.     Select Duties & Taxes as the group name in the field Under.

4.     Select Service Tax as the Type of duty/tax.

5.     Select Service Tax as the Tax head.

6.     Define the Rounding method and select Statutory Information, as required.

7.     Press Enter to save.

The Ledger Creation screen appears as shown below: