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Account code for reverse charges


28 July 2012 Hi,

Whether we need to include new account code in our service tax registration for reverse charges.

Regards

Sathish

30 July 2012 From 01.07.2012, for all services other than negative list, only one code is to be used. It includes for reverse charge also. There is no change for cess and hr education cess, which please note.

Use separate challan and write the reverse charge head of services for such payment to avail cenvat credit.

30 July 2012 Hi,

Which account code to be used, currently i have only business auxiliary account code, whether there is any specifice code for reverse charges

Regards

Sathish


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