Input Credit Form

If an organisation has the opportunity to adjust input credit of service tax paid on purchase of service, Tally will automatically generate input credit of service tax based on the transaction recorded by the user, a report called Input Credit Form. The report will display detailed information regarding the amount of input credit, that may be availed against payment of Service tax. The Input Credit Form should be printed after payment of the purcahse service bill. To get this report go to Display from Gateway of Tally, then select Statutory reports, from there select Service Tax Reports, there you can find the Input Credit Form.