Financials for India - EBS (MOSC)

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Reverse Charge Service Tax accounting on Receipt

edited Sep 16, 2015 1:51AM in Financials for India - EBS (MOSC) 3 commentsAnswered

Hi

How the Non-Recoverable service Tax (reverse charge portion) will be added to item cost ? we are capitalizing the services. And what accounting we should expect at the time of goods receipt (GRN)?

thanks

Makar

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