If a manpower supplier is a proprietor & service receiver is LTD company. Due to RCM amendment service provider 25 % service tax & service receiver is paying remaining 75% Service Tax. So what will be general ledger entry in above cases in SAP. & what will be general entry at a time of cenvat credit ? Plz lets know

GVR

• Dec 4th, 2013

For service provider portion Expense A/C Dr Service tax deposit A/C Dr    To Creditor A/C For Service Receiver portion First you have to create a service tax payable A/C and a vendor A/C in the name...

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