Dear All,
I have not used this Program (RFUMSV50) earlier. Is it a new addition for Service Tax settings in India?
We used to post Service Tax Input to One Intermediary account. Whenever the vendor is paid, we used to transfer the service tax component from Intermediary account to Service Tax Receivable Accout.
This account is used in Cenvat Utilisation.
Now I have come across this Program. How to use it? Do you need any separate configuration?
Pl advice,
Thanks & regards,
Gov