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Q2
Service Provided
| Service to X Ltd | |
| Consultancy Service | 100000 |
| Add | |
| Service Tax @ 14% | 14000 |
| Swachh Bharat Cess @ 0.5% | 500 |
| Total | 114500 |
Service Received
| AIRTEL | |
| Telephone Bill | 2000 |
| Add | |
| Service Tax @ 14% | 280 |
| Swachh Bharat Cess @ 0.5% | 10 |
| Total |
2290
|
What is
?
Output Service Tax
Input Service Tax
Service Tax Payable
| Particulars | Tax | Swachh Bharat Cess | Total |
| Output Service Tax | 14000 | 500 | 14500 |
| Input Service Tax | 280 | 0 | 280 |
| Service Tax Payable | 13720 | 500 | 14220 |
Note:-
There is no input of Swachh Bharat Cess
hence,whatever is the output is required to be paid
