Service tax pmt.codes
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2012
From 01.07.12, service tax on services provided is to be paid under different codes for different services as available before? or it is to be paid under new account code as per Circular No.161/12/2012 -ST.
Whether new account code is to be used only for reverse charge services?
Whether new account code is to be used only for reverse charge services?
RENGARAJ R.K
(Expert)
21 July 2012
For all services, new single code is to be used including reverse charge service. For reverse charge kindly use separate challan with same accounting code. The earlier code is meant for any arrears payable for the period before 01.07.2012
Message likes :
1 times
21 July 2012
Note 1 of the referred circular says that
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).
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).
CA Ayush Agarwal
(Expert)
05 October 2012
00441089 For All Services Including Reverse Charge Services.
00441090 For Other Receipts Like Interest.
These are Applicable from 01/07/2012.
Prior to The Period 01/07/2012, Old Code Will Be applicable.
wef 01/07/2012, You cant make Payment Other Than code 00441089.
Regards,
00441090 For Other Receipts Like Interest.
These are Applicable from 01/07/2012.
Prior to The Period 01/07/2012, Old Code Will Be applicable.
wef 01/07/2012, You cant make Payment Other Than code 00441089.
Regards,
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