Raised the Invoice on M/s Swayam Computer for Maintenance Services for an amount of Rs. 11,030 (Inclusive of Service Charges Rs. 10,000, Service Tax and Cess @ 12.36% , Rs. 1,030 )
Received Cheque of Rs. 11,030 from M/s Swayam Computer Education towards the above bill.
Service Tax is paid and the Service Tax Input Credit is adjusted to Output Service Tax
To enable Service Tax,
Go to Gateway of Tally.ERP > F11: Features > Statutory & Taxation
Set Enable Service Tax to Yes
Set Set/Alter Service Tax Details to Yes to enter the Company Service Tax Details