Services

These fields are located under the Credit Utilised heading for the Services tab.

Actual Balance

The Actual Balance column includes fields for Service Tax, Education Cess, and Higher Education Cess. The value that the system displays in this field is the beginning balance plus the credit amount, minus the amount utilized.

Available Balance

The Available Balance column includes fields for Service Tax, Education Cess, and Higher Education Cess. The value that the system displays in this field is the ending balance.

Credit Utilised

The Credit Utilised column includes fields for Service Tax, Education Cess, and Higher Education Cess.

Note: (Release 9.2 Update) In the Service Payments program (P75I013) if you select the Education Cess (CESS) tax type or the Higher Education Cess (HCESS) tax type, the credit distribution does not happen in the Services, Raw Material, and Capital Goods tab. The CESS and HCESS tax types are removed as part of the budget; therefore, you must not add these tax types.

Advance Service Tax Utilized

The Advance Service Tax Utilized column includes fields for Service Tax, Education Cess, and Higher Education Cess. Enter the amount of advance service tax that you use to offset the amount due for each taxes.

Available Advance Service Tax

The system displays the amount of service tax that was prepaid and that is available to offset the liabilities of taxes that are due. As you enter amounts in the Advance Service Tax Utilized field, the value in this field decreases.