Wat entry ill come after paying the Cen -Excise Tax Vat Tax
and Service Tax in the same time
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Answer Posted / nayana patel
Vat Paid Entry
Vat Payable a/c dr
To vat receivable a/c
OR
vat Paybale a/c dr
To Bank a/c.
service Paid
Service tax payable a/c dr
to bank a/c
Excise Duty
Excise Duty Paid from Cenvat or Pla
Excise Duty @ 10% dr
Edu.cess @2% Dr
S.edu.cess @ 1% Dr
To Cenvat on Purchase Excise @10% Cr
To Cenvat on Purchase edu.cess @2% Cr
To Cenvat on Purchase Sec.educ.@ 1% Cr
Or
Excise Duty @ 10% Dr
Educ.cess @ 2% Dr
S.educ.cess @ 1% Dr.
To Pla Ledger Cr
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