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Service tax Return Competetion


Envision Institute organised Service Tax Return Competition on 30.09.2014. 250 students from various branches participated in the competition. The students were given prepare Online Service Tax Return for a company. The transactions included Abatement, Partial Reverse Charge, Exemptions, CENVAT Credit and other Adjustments. In a period of three hours the students were required to complete the computation work, generate monthly payment Challans and subsequently prepare the Online Return using ACES utility.Mr. Dinesh Kalra won 1st Prize, Mr. Gopal 2nd and Ms. Ruchi won the 3rd Prize.