This document is explaining the changes of Service tax posting. According to Kastam ruling, service tax is paid upon payment basis.
On QnE Delphi 747 version or Previous QnE Delphi 747 version. 1. Service Tax Code SVT-6% is posted to SST SERVICE TAX Account 2. When create transactions with SVT-6% tax code and system will Post the Service Tax Amount to SST SERVICE TAX Account. Even the payment hasn’t received yet, this tax amount will reflect in SST 02 form – Item 11 c) also. From QnE Delphi 748 [...]