Service tax cenvatable

hi,
    my requirement is to make the service tax for foreign vendor is cenvatable as for thelegal changes .. so can any one say the procedure how to make the service take as cenvatable and  what is the cysle to follow..
to be clear..briefly..
say serv charge is 100 usd.
       serv tax is         14 usd
total  vendor account  114 usd
but i want this tax amount  14 usd to be utilized for cenvat not to be credited for the vendor,,
regards,
Manu.

Dear Manu,
J2iun is the month end activity.
it is T-code for monthly utilisation of the cenvat credit available against the excise payable.
u have to do this activity  before 5th of every month.
In J2iun T-code u can use Service tax paid for taking setoff against Excise duty payable.
to user service tax paid
First u hav to get find the paid sevice tax to vendors.
Then make JV of that amount from service tax clearing account to service tax paid account.
and use that service tax paid account in the Screen of J2iun.
where u can easily find the place where to put service tax account.
regards,
sujit

Similar Messages

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