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Former Member
Feb 19, 2009 at 06:15 PM

Service Tax Credit

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Hi

Service Tax in India can be utilized only, when the same is paid to the vendor. However, in the SAP, functionality of Excise Utilization, the user has to manually transfer the amount available for excise credit from Service Tax on Hold Account to Service Tax Credit Available Account. However, the client is not ready to accept the practice of transferring the credit manually. How can the system itself do this functionality

Regards

Kailash