Servce Tax Receivable

[Former Member]

Hi

whether this is possible through the extended withhooolding tax route

Debit Expense account INR 1466.00

Debit Service tax receivable INR 146.00

Debit Service tax receivable E Cess INR 3.00

Debit Service tax receivable H E Cess INR 1.00

Credit Vendor accounttt INR 1616.00

can anyone clarify, please

regards

V

Edited by: Vvvvvv on Oct 18, 2011 10:45 PM

[Former Member]

Hi,

Assign withholding Tax with Vendor and exempted 100% and doing entry .....................

Regards,

Spradip

[Former Member]

Hi,

This can be achieved by normal Tax Code why you want to Route this through Withholding Tax.

The Service Tax for GTA is routed through Withholding Tax.

Also in that there will one extra offsetting Gl for Service tax Receivable also.

Tell exactly what you scenario is with journal entry finding a solution is difficult.

[Former Member]

ourquestion is simple

Is it possible through WTH or not

As you rightly said, this can be achieved through normal route

our question is , is it possible through WTH route also

Thanks in advance

V

[atif_farooq]

Hi:

Since WHT functionality pertains to tax deduction at the time of payment or at the time of invoice hence it is not possible to cater your requirement through WHT deduction.WHT name indicates that tax is with held in advance at the time of payment or invoice and is claimed from tax authorities hence not possible to cater your requirement.

Regards

[Former Member]

Hi,

No it is not possible as Atif has rightly said

Edited by: lolu jo on Oct 24, 2011 10:25 AM

Edited by: lolu jo on Oct 24, 2011 10:30 AM

[Former Member]

any suggestions

[Former Member]

hi