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tax code for service tax reversal machanism

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Hi FI Guru's,

 

We are looking for a new service tax code for the below Entry posted in FB60

 

At the time of Invoice

 

Expense A/C                                        10000 Cr

Service Tax Receivable Basic(10%)       1200 Cr

Ecess  (2%)                                               240 Cr

HSCESS                                                 120 Cr

    

          To vendor                                    10000 Dr

          Service tax Payable A/c    Basic   1200 Dr

          Ecess Payable 2%                           240 Dr

          HS. Cess                                            120 Dr

 

 

Regards,

Ranjit Singh 


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