How to use J1ISTREV - Service Tax Credit Reversal (India)

SAP Transaction Code - Details

• Transaction Code: J1ISTREV

  Description: Service Tax Credit Reversal (India)

  Release: S/4HANA and ECC 6

• • Program: J_1I_STREV

    Screen: 1000

    Authorization Object:

  • Development Package: J1I2

    Package Description: India, Phase II

    Parent Package: APPL

  • Module/Component: FI-LOC-LO-IN

    Description: Logistics India

Smart SAP Assistant

• SAP Tcode: J1ISTREV - Service Tax Credit Reversal (India)

  
  Overview:
  The SAP transaction code J1ISTREV is used to reverse service tax credit in India. This transaction code is used to adjust the service tax credit that has been claimed in the past. It is important to note that this transaction code is only applicable for Indian customers. 
  
  Functionality: 
  The J1ISTREV transaction code allows users to reverse service tax credit that has been claimed in the past. This transaction code can be used to adjust the service tax credit that has been claimed in the past and ensure that the correct amount of service tax credit is being claimed. 
  
  Step-by-step How to Use: 
  To use the J1ISTREV transaction code, users must first enter the document number of the document they wish to reverse. Once the document number has been entered, users must then enter the date of the document they wish to reverse. After entering this information, users must then enter the amount of service tax credit they wish to reverse. Once all of this information has been entered, users can then click “Execute” to complete the reversal process. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used when absolutely necessary. Before using this transaction code, users should ensure that all other options have been exhausted and that reversing service tax credit is absolutely necessary. Additionally, users should ensure that all of the information entered into this transaction code is accurate and up-to-date in order to avoid any potential errors or issues.