Accounting code for services
This query is : Resolved
26 July 2012
Dear Sir/Madam,
I heard that wef 1st July 2012 under negitive service tax approach service tax accounting code has been single then multiple service code under various services.
Accounting codes for the purpose of payment of service tax under the Negative List approach, with effect from 1st July, 2012 is as follows:
Name of Services
Accounting codes
Tax collection
Other Receipts
Penalties
Deduct refunds
All Taxable Services
00441089
00441090
00441093
00441094
NOTE: (i) service specific accounting codes will also continue to operate, side by side, for accounting of service tax pertaining to the past period (meaning, for the period prior to 1st July, 2012);
Please explain under which accounting code do i need to pay service tax
I heard that wef 1st July 2012 under negitive service tax approach service tax accounting code has been single then multiple service code under various services.
Accounting codes for the purpose of payment of service tax under the Negative List approach, with effect from 1st July, 2012 is as follows:
Name of Services
Accounting codes
Tax collection
Other Receipts
Penalties
Deduct refunds
All Taxable Services
00441089
00441090
00441093
00441094
NOTE: (i) service specific accounting codes will also continue to operate, side by side, for accounting of service tax pertaining to the past period (meaning, for the period prior to 1st July, 2012);
Please explain under which accounting code do i need to pay service tax
Amol S Joglekar
(Expert)
26 July 2012
for the service tax of june 2012, need to use earlier codes. For july onwards, wait for the new codes.
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