Service Tax Opening entry

souravb

Hi,
How to upload the opening balance in Service Tax. I have several service tax groups and a service tax payable and service tax recoverable A/C.

Deep

Service Tax opening entries require a lots of carefulness while importing to general journal, and many different permutations and combinations exists as per the case.

It includes similar implications as in excise opening entry.

It is better to refer to the manual if you want to have a detailed understanding.