Understanding How to Generate the TR-6 Form for Advance Service Tax Payments
You must submit the TR-6 form to the Government when you pay service tax. Generally, the tax is due on a monthly basis and you generate only one TR-6 form for the reporting period. However, you might decide to pre-pay service tax. If you pre-pay service tax, you generate a TR-6 form for the advance payment and send it to the Government at the time you make the advance payment. At the end of the month, if the tax service liability is greater than the amount prepaid, you make a payment for the outstanding amount and send a TR-6 form for the paid amount.
When you set the processing options in the Supplementary TR6 program to process advance service tax, the system reads the records in the Advance Service Tax Payment File table (F75I754), and processes the records with a payment status of 01 (reclassification processed). When you run the Supplementary TR6 program in final mode, the system:
Prints the TR-6 form.
Updates the F75I754 table to show that the record was processed.
Updates the Advance Service Tax Balance File table (F75I760) with the challan number, date, and the bank address number; and with information about the payment credit amount.