Reverse charge payment-tax code

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This query is : Resolved

SYED HABEEB (Querist)

16 March 2013 Dear Sir/Madam

We are paying all service tax other than negative list we are paying in tax code (All taxable services-Other than Negative List 00441089)till date whether we need to pay in same code or we have to make in different codes

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

16 March 2013 Service tax code for that particular service need to be used. For example, if the service receiver is supposed to pay tax on 'works contract services' covered u/s 65(105)(zzzza), then the tax should be paid under the accounting code of works contract service only and not under the code for "services other than the negative service".

CA Ayush Agarwal

CA Ayush Agarwal (Expert)

16 March 2013 Actually Dept Had Said Earlier to deposit in Same Code as u mentioned, but again they restored old code. so you have to make payment under new code separately available for every service.

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