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service tax cenvatable

Former Member
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hi,

my requirement is to make the service tax for foreign vendor is cenvatable as for thelegal changes .. so can any one say the procedure how to make the service take as cenvatable and what is the cysle to follow..

to be clear..briefly..

say serv charge is 100 usd.

serv tax is 14 usd

total vendor account 114 usd

but i want this tax amount 14 usd to be utilized for cenvat not to be credited for the vendor,,

regards,

Manu.

Accepted Solutions (0)

Answers (2)

Answers (2)

former_member529134
Active Contributor
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The flow is same,

PO-MIGO-MIRO

But when u do the cenvat utilization in T.code J2IUN, there is a tick box to avail setoff of cenvat amount with the service tax payed.

Hope this helps

Regards

former_member529134
Active Contributor
0 Kudos

Hello

You can avail the CENVAT credit on service tax payed for services. Then why u want not to pay that to the vendor?

Former Member
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can u give brief idea how to avail that and the cylce to follow .

p.o-> migo->invoice r some other trancation there in between..?

Former Member
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Hi,

Search for the SAP note on OSS.

In brief steps to configure the service tax cevatable is-

1) Create the 3 sevice tax consitions service tax 12%,ECS St 2%,SECS St 1% resp.(t-Code OBYZ)

2) Create 3 account keys for the same

3)insert these three conition types in the tax procedure.(t-Code OBYZ)

4) Assign the G/L account in OB40.

5)Create the Tax code for the same.

6) Most inportant is to assign the condition types in the classify condition types.

run the scenario.

regards,

sujit

Former Member
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dear snb i hav configured the condition types and included the condition type in classify condition type..

then when should i use the j2iun t.code

can u specify the cycle when to use the j2iun t.code is this t.code to be used before the invoice done r after the invoice done..

regards,

MAnu

Former Member
0 Kudos

Dear Manu,

J2iun is the month end activity.

it is T-code for monthly utilisation of the cenvat credit available against the excise payable.

u have to do this activity before 5th of every month.

In J2iun T-code u can use Service tax paid for taking setoff against Excise duty payable.

to user service tax paid

First u hav to get find the paid sevice tax to vendors.

Then make JV of that amount from service tax clearing account to service tax paid account.

and use that service tax paid account in the Screen of J2iun.

where u can easily find the place where to put service tax account.

regards,

sujit