https://www.taxtmi.com/article/detailed?id=5910 Service tax accounting requires assessees to maintain consistent books enabling calculation of taxable value, tax liability and input service credit. Centralized accounting permits bills raised by branches to be consolidated at a single office with options for single or multiple registrations, subject to submission of consolidated branch wise statements. Invoices, challans or consignment notes bearing prescribed particulars and serial numbers are mandatory for provision of taxable services and for availing or distributing credit; records must be preserved for the statutory period and made available for inspection, and CENVAT credit is admissible only on documentary evidence. en-us Sat, 15 Nov 2014 15:08:31 +0530 Sat, 15 Nov 2014 15:08:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5910 Service tax accounting requires assessees to maintain consistent books enabling calculation of taxable value, tax liability and input service credit. Centralized accounting permits bills raised by branches to be consolidated at a single office with options for single or multiple registrations, subject to submission of consolidated branch wise statements. Invoices, challans or consignment notes bearing prescribed particulars and serial numbers are mandatory for provision of taxable services and for availing or distributing credit; records must be preserved for the statutory period and made available for inspection, and CENVAT credit is admissible only on documentary evidence. Articles Service Tax Sat, 15 Nov 2014 15:08:31 +0530 https://www.taxtmi.com/article/detailed?id=5910