what is Rate of Service tax and Entry of Service Tax?
Answer Posted / gautamkumarsahu
service tax rate is 10% + H.E. 2% + S.H.E. 1%
entry for the service tax
(1) respected service charge A/c dr. .........
to service tax a/c ..........
(being amount due for service tax)
(2)service tax a/c dr. ...........
to bank a/c .......
(being amount paid to service tax department)
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