Local service tax

Hi Expert
I am using Taxinn, i need to create a LST Condition for Tax in PO, is there any codition which is there in the system . or i have to create a Z Contition type for LST.
Regard
Nabil

Hi,
1.) There is no specific standard condition type for LST, you have to use a standard one lilke CST or VAT etc, Name with ZLST
2.) Refer SAP note 778976 for service tax configuration.
Regards,
Srini Rao

Similar Messages

Pennsylvania Local Service Tax Not Calculating correctly

I received a TUB for a local service tax area that is going from a $10 tax to a $52 LST( tax type 084). When I review the BSI interface/ script , I see an additional tax code of a 9 which means to substitute the lump sum for the pro-rated LST amount which is for authorities that have a $10 or less tax.
The LST is showing up as a lump sum of $52 for /484. In PA the LST is prorated per pay period of $2 per pay period. I need to remove the Additional Tax Code. Once I do this, the tax will calculate as it should in the amount of $2.00.
Please advise how to remove this additional tax code of 9. I am referencing TUB # 179.
Thanks,

Tax Authority - East Petersburg Borough (PAKV). Tax Type 84, Local Service Tax. When I maintain PAKV on the IT 0207 record it calculates the local withholding.
I am testing TUB # 205. This particular tax authority is adopting local service tax (84) instead of OPT (51). Effective immediately.
When we first loaded the TUB and I ran payroll for an employee, the tax area was not pulling in the payroll results. I did the steps I listed in my post and I now get the tax authority pulling in but the $2 bi-weekly deduction is not coming out. I also noticed, the taxable earning is showing $0 thus the tax is showing $0.
Thanks for your response,,,

Local service proplems

I think it's sad how in this day and age I can not have simple reliable service for a landline. I do not use cable or the internet often and have had this phone number and lived at this address since 1984. And yet, when it rains as it did last night, my phone is likely to stop having a dial tone. Living in Florida does subject itself to seeing lots of rain. And then I have to go to the pole and check before I call it in and its such a hassel. I just did this 2-3 weeks ago and had a request for repair and I think I get a 4-5 dollar credit for interupted service I have interupted service many times a year, every year for the last six years, I think. my phone, as any one else's, is a lifeline to family and work etc. and Its not a cheap product. I pay $600 dollars a year for this inconvenience. It's just not fair. Ben Franklin himself would not belive that in 2013 a dependable landline in this county area that I live in, is just not possible. The place that I live, my options are limited, and why would I want to pay 100 dollars a month for high speed internet and cable if the only thing I need is landline phone. Anyway, thanks for letting me vent. Any solutions? CountyKaren

Tax Authority - East Petersburg Borough (PAKV). Tax Type 84, Local Service Tax. When I maintain PAKV on the IT 0207 record it calculates the local withholding.
I am testing TUB # 205. This particular tax authority is adopting local service tax (84) instead of OPT (51). Effective immediately.
When we first loaded the TUB and I ran payroll for an employee, the tax area was not pulling in the payroll results. I did the steps I listed in my post and I now get the tax authority pulling in but the $2 bi-weekly deduction is not coming out. I also noticed, the taxable earning is showing $0 thus the tax is showing $0.
Thanks for your response,,,

Service tax calculation for payments made and posting as noted items in FI

Hi all,
I have requirement to calculate service tax on customer payments made in construction company while booking a flat in building.
here we need to calculate service tax on noted items in FICO.depending on work completed and amount received we have to calculate service tax applicable for those payment made.as,I am new in this construction sector having confusion in calculation of amount.can anyone guide me through this.
Thanks in advance.
Harshada
Edited by: Harshada.up on Dec 9, 2010 6:35 AM
Moderator message: "spec dumping", please work yourself first on your requirement, obtain local help if necessary, e.g. get back to the author of your requirement.
Edited by: Thomas Zloch on Dec 9, 2010 10:53 AM

Hi Srinivas,
Can you please tell me how the service tax will get calculated in rental conditions?
I've made the following configuration settings:
Step1: RE-Fx>> Accounting>> Automatically Generated Accounting Documents>> Summarize Documents:
Under this node>> Set Item Summarization "Active" for the particular co. code.
Step 2: Defined service tax under "Tax Type" for country INDIA
Step3: Under the IMG node:
RE-Fx>> Accounting>> Integration FI-GL, FI-AR, FI-AP>> Assign Tax Code:
I've maintained Service Tax (tax type) to the country IN.
Also in the contract under posting parameters tab; i've maintained the Tax Type as Service Tax.
In conditions tab also, when I'm simulating the condition, I'm getting the correct entries, (as shown in the screen shot):
Condition Amount: 20,0000 INR
Net Cnd Crrncy: 20,000 INR (for the month of July)
Tax Cnd Crrncy: 2472 INR.
However, when I'm doing RERAPP; i'm unable to post the condition. Getting the 2 errors (screen shot attached):
1) Tax code S2 does not exist in company code E500
2) Taxes by item is activated; consequently, transfer by item is mandatory
Kindly pl. assist where I'm going worng or any configuration missing due to which I'm unable to execute RERAPP for a condition (with service tax calcultaion) for a commercial lease in contract.
Thanks
Shantanu Kar

Would like to see on line the options (cost) for local service only

I saw a page the other day, and there was a local plan for $18.17
Now I can't find it back, no matter how much searching I do. I an area code 812-prefix 794.
Now the cheapest I can find is the Verizon Unlimited Local Service....at this link.
http://www22.verizon.com/Residential/Templates/Products/ProductDisplay.aspx
Can anyone help please?
Tia.
Sue
Solved!
Go to Solution.

I ended up calling them, and found out there is an even cheaper local land line service than what I had seen and then discussed with a rep days ago. It is just $14.17 and an additional $3.50 for call waiting, and then the usual taxes and additional charges. I have unlimited calling to 3 local towns, and have signed up for a Long Distance plan with another company that is 4.5 cents a minute, and even breaks the minute down into increments.
I'm a Verizon/Gte retiree, and will now be able to get the retiree concession rate since I no longer have one of the packages. They are practically 'giving' me my service.
Sue...a happy camper!

Interest on customer item excluding service tax

Hi,
When i run customer interest calculation(FINT) system calculates interest on invoice + service tax amount but i want to calculate interest on only invoice amount excluding service tax.
Request immediate help.
Thanks in advance.

Hello Pranav,
Select radio button as Net amount instead of gross amount in mentioned customization.
SPRO > Financial accouting New > Withholding tax > Extended withholdign tax > Calcualtion > Withholding tax type > Define withholding tax type for invoice. Double click on relavent TDS type & change gross as net and check impact,which we are using since notification annouced by Income tax department.
Regards
Mani Kumar

Accounting entry against Excise invoice not created for Service Tax sales

Dear all,
I am facing one problem related to accounting entry against excise invoice not created, for service tax sales scenario in SEZ plant.
Accounting entry against billing document is generated,which contains revenue account-Debit entry,service tax 10% --Debit entry,ECS-Service tax 2% --Debit entry, SECess Service Tax 1% --Debit entry & Sundry Debtors (Reco) - Domestic(Customer receivable reconciallation) account-Credit entry.
But after generating excise invoice, accouning entries not generated for clearing of Cenvat suspense entry(i.e.service tax 10% ,ECS-Service tax 2% , SECess Service Tax 1%) which is generated during billing document.
Plz. suggest step by step guideline to resolve this issue.
Thanks & Regards,
Mukesh Pardeshi

Hi ReazuddinMD,
thanks for your reply and support...I checked all the entries/accounts maintained correct.. but the Accounting entrys against Excise invoice not created..
Now i am geeting error as below at the time of saving Excise invoice,
No account is specified in item 0000000001
Message no. F5670
Diagnosis
No account was specified for account type "S" in item "0000000001" of the FI/CO document.
System Response
The Financial Accounting program cannot process the document.
Procedure
A system error has probably occurred in the application you called up. Check the data transferred to item "0000000001" of the FI/CO document.

Asset PO with Installation charges and service tax?

Hi Sap guru's,
I searched for this topic but could not find answer. I want to create a Asset PO which had Installation charges (with Service tax). Now I want to incorporate the installation charges with its service tax to the asset account. I tries many ways but could not find the solution. Please, help me <removed by moderator>
Thanks,
Karteek.
Message was edited by: Jürgen L

Hi,
You needs two tax codes!
You PO contains 2 line items, so create 1st line item with a tax code(S1) of 5% non-credit tax and 2nd line item with another tax code(S2) of 12.36% non-credit service tax.
Both tax code S1 and S2 should have created with service tax condition with different tax percentage 5% and 13.62 % respectively where the same service tax condition type should assigned to NVV key in your tax procedure.
Regards,
Biju K

New Service tax mapping effective from April 2011

HI Experts,
Service tax rule has changed wef from 1st April, 2011 on
foreign exchange related transactions. The Notification No 26/2011
Below given are the slabs for calculating the new service tax
Gross amount of currency exchanged % of
service tax on transaction value
Upto Rs.1,00,000/-
0.1% or Rs.25
whichever is higher
From 1,00,000-10,00,000/-
100 and 0.05% on amount between
1,00,000 & 10,00,000/-
Amount exceeding 10,00,000/-
Rs.550 and 0.01% on amount exceeding
Can any one help for mapping this senario or any body implemented the same
Thanks in Advance
Regards,
Ram

Hi,
Note 1435105 - Master note for Indian Budget 2010 for Logistics (MM & SD) - this was the master note for impementing the service tax.
But now as service tax regulations have changed we need not configure the old service tax postings i.e postings to interim service tax accounts.
As and when the service is invoiced directly it can be booked to Service Tax Payable/Receivable accounts, previously the postings were made to Service Tax Payable/Receivable Interim Accounts. Later the amounts of the interim accounts were transferred when the invoice is paid.
Note 1571186 - Changes to Service Tax from Indian Union Budget 2011-2012 - please find the latest note on this.
In the above note there is zip file attached which expalins about the changes to be done and about the old postings.
thanks & regards,
shashi kanth.

Entries appearing in Service Tax Control Account due to Error in System

Hello Experts,
     I am facing a problem in one particular GL i.e.Service Tax Control a/c
error-Entries appearing in Service Tax Control Account due to Error in System
entries are- Service tax control   a/c   -
Dr. 21,621.86
                        To Service Tax Control a/c     Cr.      21,621.86
My question is when i am making entry as Service tax Dr-21,621.86,Service Tax Cr.21,621.86,so it will adjust,and in FBL3N amt will show 0 but it was showing 21,621.86
Plz Guide me asap,very urgent issue
Thanks in Advance

Dear,
What was the balance before you posted the below entry?
Also run FBl3N with correct date parameters..
br,Vivek

Error while running service tax program (New)

Hi
I have created S3 as interim tax code and S4 as final tax code. I assigned S4 to S3 as a target tax code. Entries are perfectly flowing.
But when i do service tax program for, session is created properly. When i run it in SM35, for gived error
"Tax code S4 may only contain one assignment line"
I have given routine 166 in OBQ3 for ECess and SHEC.
I tells me to do following procedure:
Use a different tax code.
For direct postings to a tax account, you might have to define a separate tax code for which only one line with a percentage rate other than zero is active in percentage rate maintenance. All other lines must be inactive.
Please help me.
Edited by: Deepak Agrawal on May 4, 2010 1:29 PM

There is one interim service tax code (for normal services) - S1. Final service tax code S2 is created assigned to S1 as target tax code.
Entry passed:
Exp A/c.. Dr                                   500000
Service Tax Basic (deferred)       50000
Service Tax ECS (deferred)         1000
Service Tax SHEC (deferred)       500
   To Vendor A/c                                        551500
For this service tax program (new) is working fine.
For the GTA scenario where service tax is not charged in invoice but we have to pay to government, in that case i have created one interim tax code G1 and i have assigned final tax code S2.
Entry passed for GTA (invoice raised by transporter is Rs. 500000):
Exp A/c.. Dr                                   515000
   To Service Tax Basic (deferred)       50000
   To Service Tax ECS (deferred)         1000
   To Service Tax SHEC (deferred)       500
   To Vendor A/c                                   500000
But when i execute the program i can see three line items (for basic, interim and SHEC)
But when i run the session, it gives error:
Tax code S2 may only contain one assignment line.
I AM UNABLE TO UNDERSTAND, WHY ITS GIVING ERROR FOR GTA SERVICE TAX TRANSFER
Edited by: Meenu_ND on Jun 1, 2010 10:48 AM

Error message while running the report RFUMSV50 (Service Tax)

Hi Experts,
I have occured the following error while running the Report for for transferring the Service Tax from Interim to Final Account.
F107: Restrict Period
F7566
I have executed the report RFUMSV50 by T.Code SE38
Please help me in this matter.
Thanks
Priya

Hi
have you checked
1. Global Parameters for Company Code
. Currency Trln Rate set as '2' (WhichMeans exchange rate determined using posting date)
2. Deferred Tax code Z0 created with Target Tax Code Z1
Cya
udayakumar.k

Journal Entry for Service Tax Non-Deductible.

Dear Experts,
I have created an A/P Invoice for a Service item with Service Tax Non-Deductible(100%). For that we got the journal entry as below.
Journal Entry
Edu. Cess on Service Tax Payable Dr.                   00
HCess on ST Payable Dr.                                        00
Service Tax Payable (Non-Deductible) Dr.              00
Inbound Freight and Carriage Dr.                       10000
Service Tax Payable (Non-Deductible) Dr.            258
                Vendor A/c                                                     10258.
But my client is asking for the credit figure to be splited to Vendor A/c - 10000 and Service Tax Payable (Non-Deductible) A/c - 258.
He wants the Service Tax amount not to be credited to the Vendor A/c; but to be kept in the Service Tax Payable account.
Is this correct and possible? Please advice.
Regards,
Anandh.
Edited by: anandharajaa on Apr 8, 2011 7:32 AM

Hi
I never seen this kind of scenario....
If your involving any tax in Document then it will Cr. or Dr. to respective vendor or customer and it is the logic too , they have to pay for that... IF they are not payable then will your company pay for that to Govt. It will be lose to company only....
So in Straight the way you need is wrong according to me, May be i don't know your are current scenario might be like this... if it so pls explain further ....
Giridharan V

Service tax value required updating while posting GR in MIGO transaction

Dear Friends,
We have a following scenario where service tax value required updating while posting Goods Receipt MIGO transaction.
1. Purchase Order created for first line item where Qty. 1 and Net Rate Rs.1000/- so total Gross value will be Rs.1000/- example Vendor XYZ
2. Freight condition type maintained for the first line item for Rs.500/- and assigned to Transportation vendor ABC.
3. When Goods Receipt Posted for the Material against PO first line item, the material value updates Rs.1500/- (Material value as
    per PO + Freight Charges)
4. After posting GR while making Invoice verification through MIRO transaction against the PO GR/IR clearance will be done for
    Material vendor XYZ. For transportation Vendor ABC Planned delivery cost indicator will be select and since service tax is
    applicable Service tax code will also select.
Here the values of Service tax if the Material available in Stock it will be inventories. If stock consumed before making the Invoice verification for Transportation vendor ABC, then the Service tax values update to PRD account.
We know that in PO, tax code can be select for first line item (Raw Material) Vendor XYZ and if transportation charge condition type maintained for same first line item and assigned to Vendor ABC and there is no provision to maintain Service tax. So the service tax will get inventories while posting Invoice Verification for the transportation vendor.
We want the values of Service tax to update while posting Goods Receipt in MIGO transaction.
Thanks & regards
Dhanu

hi,
Please note at the time of MIGO Servecie tax value does not appear, it will appear at the tiem of Invoice only.
Regards,
Rama Mohan Bangaru

Service Tax Detail while recording a purchase invoice from T-Code F-43

Dear Sir,
I am passing a Professional Fees Invoice, where in service tax is being charged, through T-Code F-43
Kindly let me know the following.
1. Where do I store the vendor's service tax registration detail?
2. Where do I store the service category under which the service tax is being charged?
Regards & Thanks in anticipation
Chirag Shah
Edited by: CHIRAG SHAH on Dec 29, 2011 8:25 AM

Dear expert
1. Where do I store the vendor's service tax registration detail?
ans: vendor master inside CIN detail-
CIN details not coming in Vendor master
T:CODE:OMT3E
or
Go to SPRO > Logistics General > Tax on Goods Movement > India > MasterData > Assign Users to Material Master Screen Sequence for Excise Duty.Select User Screen reference and add the user name- after it will comes to vendor master there you can add details
2.Where do I store the service category under which the service tax is being charged?
service tax - access seq
Service Tax Liability - India - w.e.f 01 July 2011 Changing to Accrual
Regards
Ajeesh.s

Local service tax

Similar Messages

Maybe you are looking for