i want to know about accounting codes for payment of central excise duty respectivly:
Particular Accounting Code
1. Central E.Duty @ 16% ?
2. Education Cess @ 2% ?
3. S.H.E.C. @ 1% ?
Latest Account head code
Primary Ed.Cess= 00440298
Interest for the above-00440299
Secondary Higher Ed.Cess code=00440426
Interest for the above=00440427
Latest Account head code
Primary Ed.Cess= 00440298
Interest for the above-00440299
Secondary Higher Ed.Cess code=00440426
Interest for the above=00440427
Dear Sir,
I am still in doubt for the above code no.However my Range office has informed me
to take it as confirmed Acct.code no.00440426
Please let me know about this code no. if you have any doubt in it.
Correct Code is 04400505.
Source.Pr.Chief Controller of Accounts letter No.COORD/13-6/98-99/Vol.IV/454 dt.04/10/07.
This letter is available on website:https://taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=6304.
Education Cess:
Customs 00370066
Central Excise 00380111
Service Tax 00440298
Other Receipts* 00440299
Secondary and Higher Education Cess:
Customs 00370068
Central Excise 00380115
Service Tax 00440426
Other Receipts* 00440428
*The sub-head “Other Receipts” is meant for Interest/Penalty leviable under respective head.