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Financials for India - EBS (MOSC)

R12 - Settlement for Service Tax, CENVAT (Excise) & VAT

Feb 24, 2014 5:29AM edited May 17, 2016 10:25AM in Financials for India - EBS (MOSC) 22 commentsAnswered

Hi,

At the time of Period Closure on monthly basis, can business net-off the Recovery from Service Tax against the Excise and vice-versa.

Is there a Centralized Settlement process which can be used for all three taxes. (Service Tax, Excise & VAT)

Regards,

Saurabh Singhal.

+91 - 8884111518.

1

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