Avail service tax and its Eces,SECESS?

[Former Member]

hii all,

Can some body explain me about the service tax scenrio with ecess and secess.

how to avail the service tax ,ecess on service tax and secess on service tax.

Explaination in detailed way is appreciable.

thanks

[Former Member · Accepted solution]

HI,

With service tax there is some % of Ecess and SEcess included ie.. Service tax 10.3% so you can assue it in 3% there is some % of ECess and SECESS included which will be 2% ECEss and 1% SEcess included.

Steps to create tax code and then maintain condtion types JSRT Service Tax, JEC3 ECS for Service, JES3 SECess for ST.

Create tax code by FTXP - J0 Service tax 10.3%

To maintain condition type run tcode FV11 enter condition type JSRT and than select Tax classification press ok > in the creation condtion type screen enter the following data :

Tax code - J0,

amount - 10 (Service tax %)

again

Tax code - J0,

and Save

Follow the same step for Ecess and SEcess condition type and create po and check calculation.

[Former Member · Accepted solution]

hii

How to get the credit of ecess and secess in service tax..

J1IEX???

How ??

[Former Member · Accepted solution]

Service tax

Background: As per legal requirement, service tax credit can be only availed on the payment to the vendor either full or partial payment.

In the case of sales, service tax is liable to pay to government only on the receipt of sales proceeds for services.

The Approach adopted here is that while booking the liability, Service tax amount will be kept in a u201Ctransit u201Caccount (e.g. service tax on hold Account). Periodically a program will be run which will transfer the Amount from: u201Con Holdu201D account to Service Tax Receivable Account.

Mapping of above scenario in the SAP environment using following SAP Notes

921634 Service tax India: Transfer from Interim to Final Account

For ERP 6.0 use additional notes 1073292, 1073447 & 1076653.

Support Pack level: 10

Please check that notes 785561 and 817486 are implemented in your system or an appropriate SP is installed.

u will get the details in SAP note 921634

and for credit

when u do J2IUN

on the first screen down u will have to put

service tax final gl account

ecess of final st gl account

hecess on ST final Gl account

hope this helps