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Q1
Service Provided

Service to X Ltd  
Consultancy Service 100000
Add  
Service Tax @ 14% 14000
Total 114000


Service Received

AIRTEL  
Telephone Bill 2000
Add  
Service Tax @ 14% 280
Total 2280


What is   ?
Output Service Tax
Input Service Tax
Service Tax Payable
-a-

Particulars Tax
Output Service Tax 14000
Input Service Tax 280
Service Tax Payable 13720

-ea-
Note:-
Input Service Tax Is also called Cenvat on Input Services

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.