Dear Sir(s),
Please explain me , w.e.f.01-07-2012, what is the Accounting codes for Deposite of Service Tax amount , whether the existing 119 services codes will follow or new "1089" code to be follow?
| ALL TAXABLE SERVICES - OTHER THAN IN THE NEGATIVE LIST (WITH EFFECT FROM 1ST JULY 2012) |
1089 |
All our services are related to existing only. Please clarify?
Service Tax for any service which has been rendered after 1.7.2012 has to be deposited under the new codes. However, Service Tax for the period prior to 1.7.2012 has to be deposited in the old codes existing prior to 1.7.2012.
Services other than under Negative list approach - 1089 code will be applicable. Where specific code is available then such specific code must be followed.
https://cbec.nsdl.com/EST/MinorHeadSelectionServlet
| Accounting head Service Tax | Code | Select | Interest Tax | Select |
|---|---|---|---|---|
| ADVERTISING AGENCY | 0013 | 0016 | ||
| ADVERTISING SPACE OR TIME | 0354 | 0355 | ||
| AIR TRANSPORT OF PASSENGER | 0362 | 0363 | ||
| AIR TRAVEL AGENCY | 0032 | 0033 | ||
| AIRPORT SERVICES | 0258 | 0259 | ||
| ARCHITECTS SERVICES | 0072 | 0073 | ||
| ASSET MANAGEMENT | 0418 | 0419 | ||
| ATM OPERATIONS | 0346 | 0347 | ||
| AUCTIONEERS SERVICES | 0370 | 0371 | ||
| BANKING AND FINANCIAL | 0173 | 0174 | ||
| BEAUTY PARLOURS | 0209 | 0210 | ||
| BROADCASTING SERVICE | 0165 | 0166 | ||
| BUSINESS AND EXHIBITION SERVICES | 0254 | 0255 | ||
| BUSINESS AUXILIARY SERVICES | 0225 | 0226 | ||
| BUSINESS SUPPORT SERVICES | 0366 | 0367 | ||
| CAB OPERATORS | 0048 | 0049 | ||
| CABLE OPERATORS | 0217 | 0218 | ||
| CARGO HANDLING SERVICES | 0189 | 0190 | ||
| CHARTERED ACCOUNTANTS | 0092 | 0093 | ||
| CLEANING SERVICES | 0318 | 0319 | ||
| CLEARING AND FORWARDING AGENCY | 0045 | 0046 | ||
| COMMERCIAL TRAINING & COACHING | 0229 | 0230 | ||
| COMPANY SECRETARIES | 0100 | 0101 | ||
| CONSTRUCTION OF RES. COMPLEX | 0334 | 0335 | ||
| CONSTRUCTION SERVICES IN RESPECT OF COMMERCIAL OR INDUSTRIAL BUILDINGS AND CIVIL STRUCTURES | 0290 | 0291 | ||
| CONSULTING ENGINEER | 0057 | 0058 | ||
| CONVENTION SERVICE | 0133 | 0134 | ||
| COSMETICS AND PLASTIC SURGERY SERVICE | 0460 | 0463 | ||
| COST ACCOUNTANTS | 0096 | 0097 | ||
| COURIER AGENCY | 0014 | 0018 | ||
| CREDIT CARD RELATED SERVICES | 0394 | 0395 | ||
| CREDIT RATING AGENCIES | 0088 | 0089 | ||
| CUSTOM HOUSE AGENT | 0026 | 0027 | ||
| DESIGN SERVICES | 0422 | 0423 | ||
| DEVELOPMENT AND SUPPLY OF CONTENT SERVICES | 0414 | 0415 | ||
| DREDGING SERVICES | 0310 | 0311 | ||
| DRY CLEANING SERVICES | 0221 | 0222 | ||
| ERECTION,COMMISSIONING AND INSTALLATION | 0233 | 0234 | ||
| EVENT MANAGEMENT SERVICE | 0197 | 0198 | ||
| FACSIMILE SERVICES FAX) | 0149 | 0150 | ||
| FASHION DESIGNER SERVICES | 0213 | 0214 | ||
| FORWARD CONTRACT SERVICES | 0282 | 0283 | ||
| FRANCHISE SERVICES | 0237 | 0238 | ||
| GENERAL INSURANCE BUSINESS | 0005 | 0006 | ||
| GOODS TRANSPORT OPERATORS | 0067 | 0068 | ||
| HEALTH CLUB AND FITNESS CENTER | 0205 | 0206 | ||
| HEALTH SERVICES | 0598 | 0599 | ||
| INFORMATION TECHNOLOGY SOFTWARE SERVICE | 0452 | 0450 | ||
| INSURANCE AUXILIARY | 0169 | 0170 | ||
| INTELLECTUAL PROPERTY SERVICES OTHER THAN COPYRIGHT | 0278 | 0279 | ||
| INTERIOR DECORATORS/ DESIGNER'S SERVICE | 0076 | 0077 | ||
| INTERNET CAFE | 0241 | 0242 | ||
| INTERNET TELECOMMUNICATION/ (TELEPHONY) SERVICE | 0382 | 0383 | ||
| LEASED CIRCUITS | 0137 | 0138 | ||
| LEGAL CONSULTANCY SERVICE | 0480 | 0483 | ||
| LIFE INSURANCE SERVICES | 0185 | 0186 | ||
| MAILING LIST COMPILATION | 0330 | 0331 | ||
| MAINTENANCE OF MEDICAL RECORDS OF EMPLOYEES OF A BUSINESS ENTITY | 0601 | 0602 | ||
| MAINTENANCE OR REPAIR SERVICE | 0245 | 0246 | ||
| MANAGEMENT CONSULTANTS | 0116 | 0117 | ||
| MANAGEMENT OF INVESTMENT UNDER UNIT LINKED INSURANCE PLAN (ULIP) SERVICE | 0430 | 0431 | ||
| MANDAP KEEPER | 0035 | 0036 | ||
| MANPOWER RECRUITMENT AGENCY | 0060 | 0061 | ||
| MARKET RESEARCH AGENCY | 0112 | 0113 | ||
| MEMBERSHIP OF CLUBS | 0322 | 0323 | ||
| MINING SERVICES | 0402 | 0403 | ||
| ONLINE INFORMATION AND DATA | 0153 | 0154 | ||
| OPINION POLL SERVICES | 0274 | 0275 | ||
| OUTDOOR CATERING | 0051 | 0052 | ||
| PACKAGING SERVICES | 0326 | 0327 | ||
| PAGER SERVICES (RADIO PAGING) | 0015 | 0020 | ||
| PANDAL OR SHAMIANA SERVICES | 0054 | 0055 | ||
| PHOTOGRAPHY SERVICE | 0129 | 0130 | ||
| PORT SERVICES | 0177 | 0178 | ||
| PREFERENTIAL LOCATION OR EXTERNAL / INTERNAL DEVELOPMENT OF COMPLEXES | 0616 | 0617 | ||
| PROCESSING AND CLEARINGHOUSE SERVICE | 0442 | 0443 | ||
| PUBLIC RELATIONS SERVICE | 0374 | 0375 | ||
| RAIL TRAVEL AGENT | 0201 | 0202 | ||
| REAL ESTATE AGENTS | 0104 | 0105 | ||
| RECOGNISED ASSOCIATION OR REGISTERED ASSOCIATION COMMONLY KNOWN AS COMMODITY EXCHANGE SERVICE | 0438 | 0439 | ||
| RECOVERY AGENT | 0350 | 0351 | ||
| REGISTRAR TO AN ISSUE | 0338 | 0339 | ||
| RENTING OF IMMOVABLE PROPERTY SERVICES | 0406 | 0407 | ||
| SCIENTIFIC AND TECHNICAL CONSULTANCY | 0125 | 0126 | ||
| SECURITY / DETECTIVE AGENCIES | 0108 | 0109 | ||
| SERVICES OF AIR-CONDITIONED RESTAURANTS HAVING LICENSE TO SERVE ALCOHOLIC BEVERAGES IN RELATION TO SERVICE OF FOOD OR BEVERAGES | 1067 | 1068 | ||
| SERVICES OF PERMITTING COMMERCIAL USE OR EXPLOITATION OF ANY EVENT ORGANIZED BY A PERSON OR ORG. | 0607 | 0608 | ||
| SERVICES OF PROMOTING A .BRAND. OF GOODS, SERVICES, EVENTS, BUSINESS ENTITY ETC. | 0604 | 0605 | ||
| SERVICES OF PROMOTING, MARKETING OR ORGANIZING OF GAMES OF CHANCE | 0595 | 0596 | ||
| SERVICES OF PROVIDING OF ACCOMMODATION IN HOTELS/INNS/CLUBS/ GUEST HOUSES/CAMPSITE FOR A CONTINUOUS PERIOD OF LESS THAN THREE MONTHS | 1070 | 1071 | ||
| SERVICES PROVIDED BY ELECTRICITY EXCHANGE. | 0610 | 0611 | ||
| SERVICES RELATED TO 2 TYPES OF COPYRIGHTS (A) CINEMATOGRAPHIC FILMS AND (B) SOUND RECORDING. | 0613 | 0614 | ||
| SERVICING OF MOTOR VEHICLES | 0181 | 0182 | ||
| SHARE TRANSFER AGENT | 0342 | 0343 | ||
| SHIP MANAGEMENT SERVICE | 0378 | 0379 | ||
| SITE PREPARATION AND CLEARANCE | 0306 | 0307 | ||
| SOUND RECORDING SERVICE | 0161 | 0162 | ||
| SPONSORSHIP SERVICE | 0358 | 0359 | ||
| STEAMER AGENT | 0029 | 0030 | ||
| STOCK BROKER | 0008 | 0009 | ||
| STOCK EXCHANGE SERVICE | 0434 | 0435 | ||
| STORAGE AND WAREHOUSE SERVICE | 0193 | 0194 | ||
| SUPPLY OF TANGIBLE GOODS FOR USE SERVICE | 0445 | 0447 | ||
| SURVEY AND EXPLORATION OF MINERAL | 0270 | 0271 | ||
| SURVEY AND MAP MAKING | 0314 | 0315 | ||
| TECHNICAL TESTING,INSPECTION, CERTIFICATION | 0249 | 0250 | ||
| TELECOMMUNICATION SERVICES | 0398 | 0399 | ||
| TELEGRAPH SERVICE | 0141 | 0142 | ||
| TELEPHONE SERVICES | 0003 | 0119 | ||
| TELEX SERVICES | 0145 | 0146 | ||
| TOUR OPERATOR | 0063 | 0064 | ||
| TRANSPORT BY CRUISE SHIPS | 0386 | 0387 | ||
| TRANSPORT OF COASTAL GOODS AND GOODS THROUGH NATIONAL WATERWAYS AND INLAND WATER | 0470 | 0473 | ||
| TRANSPORT OF GOODS BY AIR | 0266 | 0267 | ||
| TRANSPORT OF GOODS BY PIPELINE OR OTHER CONDUIT | 0302 | 0303 | ||
| TRANSPORT OF GOODS BY RAIL | 0390 | 0391 | ||
| TRANSPORT OF GOODS BY ROAD | 0262 | 0263 | ||
| TRAVEL AGENTS (OTHER THAN AIR/RAIL TRAVEL AGENTS) | 0294 | 0295 | ||
| TV OR RADIO PROGRAMME PRODUCTION | 0286 | 0287 | ||
| UNDER WRITERS | 0084 | 0085 | ||
| VIDEO TAPE PRODUCTION | 0157 | 0158 | ||
| WORKS CONTRACT SERVICES | 0410 | 0411 |
| Education Cess | Code | Select | Interest Tax | Select |
|---|---|---|---|---|
| PRIMARY EDUCATION CESS | 0298 | 0299 | ||
| SECONDARY AND HIGHER EDUCATION CESS | 0426 | 0427 |
| Accounting head Service Tax (Others) | Code | Select | Others (Interest) | Select | Penalties | Select |
|---|---|---|---|---|---|---|
| ALL TAXABLE SERVICES - OTHER THAN IN THE NEGATIVE LIST (WITH EFFECT FROM 1ST JULY 2012) | 1089 | 1090 | 1093 |
Hence with the note provided in the Circular 161/12/2012 dt 6th July 2012 - all services which are not in negative list (means all taxable services), new accounting code (ie 1089) to be followed. However, if payment is related to the period prior to 1st July 2012 service specific code must be followed.
WE HAVE PAID SERVICE TAX IN OLD ACCOUNTING CODE FOR JULY TO SEPTEMBER 2012 MONTH. WHAT CAN BE DONE TO RECTIFY THIS?
No problem, we have also made like this ?
pl.see STR Vol.28 part:2 page:J46.
A positive list for Taxation of Services might be back, though only for accounting purposes.
pl see enclosed attachment. it may come s o o n...
Thanks for your reply Mr. Sathya
can anybody explain what service tax code for penalty payment of non filing of return for multipal category....
MANUJ SHARMA AND COMPANY
Noida
CA Inter
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Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
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KK & Company Chartered Accountant
Pune
CA Inter
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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