Tag Archives: Reverse Charge Mechanism

Configure Reverse Charge Mechanism for Service Tax in Sage 300 ERP

In our previous blog, we discussed about “Use Reverse Charge Mechanism for Service Tax in Sage 300 ERP”. However, before starting to use Reverse Charge Mechanism, user has to configure the process in Sage 300 ERP (formerly Sage Accpac ERP). In this blog, we would discuss and will help users to understand the process to… Read More »

Use Reverse Charge Mechanism for Service Tax in Sage 300 ERP

With effect from July 1st, 2012, Central Government of India has notified a new partial Reverse Charge Mechanism for Payment of Service Tax in respect of certain Taxable Services. Service tax is an indirect tax, where Service provider has to collect tax from Service Receiver and has to deposit it into government account. Let’s see… Read More »