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Adjustment Towards Excess Tax Paid (Service Tax)

If you have paid excess of Swachh Bharat Cess and Krishi Kalyan Cess you can adjust these amounts using a journal voucher.

1.Gateway of Tally > Vouchers > press F7 (Journal).
Alternatively, press Alt+G (Go To) > Create Voucher > press F7 (Journal)
2.Press Alt+J (Stat Adjustment) to enable required options in Stat Payment Details screen. In the Stat Adjustment Details screen,
Press F12 (Configure) and set the option Allow All Adjustment Types to Yes.

Select the option Service Tax in the field Type of duty/tax.
Select the option Excess Service Tax Paid earlier Rule 6(4A) Adjustment in the Nature of adjustment field.

Press Enter to save, and return to voucher screen.
3.Debit the tax ledger (service tax, Swachh Bharat cess and Krishi Kalyan cess ledgers).
4.Enter the amount in Debit column.
5.Credit the tax ledger (service tax, Swachh Bharat cess and Krishi Kalyan cess ledgers).
6.Enter the amount in Credit column.
7.Set the option Source Document Details to Yes.

8.Enter the source document number and date in the Source Document Details screen.

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