Cenvat Utilization and Service Tax

Dear Gurus,
Below mentioned points is comes under  Which module (FI/MM/SD)??
1.) Cenvat Utilization
2.) Service tax utilization and maintainance of Service Tax Register
Please provide the Honest Inputs.
Thanks & Regards
Nitin Chhabra

Hi,
In many of the organisations, finance & accounts departments handles this activities. The entries for CENVAT and Service tax generates from all the three modules. Monthly Utilization, updating the RG registers and statutory tax returns are solely
handled in accounts department.
Regards,
Sadashivan

Similar Messages

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    Edited by: Rajesh Koladiya on May 7, 2010 5:09 PM

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    SAP

  • Asset PO with Installation charges and service tax?

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    Message was edited by: Jürgen L

    Hi,
    You needs two tax codes!
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  • Excise report ER1 and Service Tax report SC-3

    Dear Gurus,
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    In our situation VAT and servicetax are variable about which user is also uncertain.So is it possible to adopt new sercvice tax conditions into pricing without tax code.

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    Hi everybody,
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    Hi Gurus,
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    Dinesh

    HI Nukala Padmaja,
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    Could you tell me which service tax gl accounts should be entered there. We usually have 3 gl accounts  i.e.
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    Awaiting for your valuable suggestion.
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  • Service Tax calculation & utilization

    Hi,
    What is the process of posting input serivce tax in F-02 using tax code S1 maintained in FV11 for service tax.
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    Also what is the process of service tax utilization from cenvat or output service tax.
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    Suz

    Hi
    Check SAP notes 779512,921634,1392876
    Warm Regrads

  • Service tax utilization

    I am working in a service industry wherein there is only input excise & no output excise. There is only output service tax(service tax payable)
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    Shruti

    Hi,
    The necessary configuration has to be done for utilization of Service Tax against Cenvat.  Kindly take assistance from
    your consultants in this regard.  If you are authorised to make configuration settings as a consultant, kindly revert
    back.
    Regards,
    Sadashivan

  • Monthly Utilization J2IUN with Service Tax

    Hi Mentors
    I have one query. While doing the monthly utilization with service tax option my balance not tallying with my utilization amount & my ledger account.
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    thanks in advance.
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    Laxman

    Sandeep
    My payables like BED & CESS i want to adjust against the service tax. so i no need to maintain balance in service tax account.
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  • Service tax and Vat

    Dear Expert
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    Thanks
    Mayur

    Hi,
    1) Create one condition type ZWOR as Work Contract Tax(WCT) for VAT.
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    Hope, it is useful for you.
    Regards,
    K.Rajendran

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