Service tax payment code

Challans 1593 views 1 replies

Dear All,

 

  Please let me know the code to be mentioned for payment of service tax for civil contract. I was told that now only one code is applicable for all type of payments. Is it correct?

  

Replies (1)
Originally posted by : NAGARAJAN. N
Dear All,
Please let me know the code to be mentioned for payment of service tax for civil contract. I was told that now only one code is applicable for all type of payments. Is it correct?

Earlier w.e.f 01.07.12, the CBEC had prescribed one accounting code (i.e. 00441089) for all taxable services under the negative list approach for payment of service tax (Circular No. 161/12/2012-ST, dated 06.07.12).
.
But later on the service specific codes were restored for payment of service tax for the purpose of statistical analysis (Circular No.165/16/2012 –ST, dated 20.11.12).
.
Now, you will pay tax under, “Works Contract Service”

Tax: 00440410

Primary Education Cess: 00440298

Secondary and Higher Education Cess: 00440426


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register