Easy Office

Regarding Accounting Codes for the taxable services introduced vide the Finance Act, 2011

Last updated: 21 April 2011


Regarding Accounting Codes for the taxable services introduced vide the Finance Act, 2011

Circular No.136/5/2011-TRU

 

F.No.335/5/2006-TRU

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs

Tax Research Unit

 

New Delhi,   20th April, 2011

 

To,

 

Chief Commissioners of Central Excise and Customs (All),

Director General (Service Tax),

Director General (Central Excise Intelligence),

Director General (Audit),

Commissioners of Service Tax (All)

Commissioners of Central Excise (All)

Commissioners of Central Excise and Customs (All).

 

Madam/Sir,

 

Subject: Accounting Codes for the taxable services introduced vide the Finance Act, 2011 -- regarding.

 

        

Heads of Account under the Major Head “0044-Service Tax” in respect of the new taxable services have been allotted by the Office of the Principal Chief Controller of Accounts, CBEC.

 

2. Accounting Codes for the purpose of payment of service tax are as follows:

Sl.No.

Taxable Services

Accounting Code

Tax Collection

Other Receipts

Deduct Refunds

(1)

(2)

(3)

(4)

(5)

1.

Service provided by a restaurant having   air-conditioning and license to serve alcoholic beverages in relation to serving of food or beverage, including alcoholic beverages or both, in its premises [Finance Act 1994, Section 65(105) (zzzzv)]

00441067

00441068

00441069

2.

Service provided by a hotel, inn, guest house, club or campsite in relation to providing of accommodation for a continuous period of less than three months[Finance Act 1994, Section 65(105) (zzzzw)]

00441070

00441071

00441072

 

Note: 

A. The sub-head “other receipts” is meant for interest, penalty, leviable on delayed payment of service tax

 

B. The sub-head “deduct refunds” is not to be used by the assessees, as it is meant for the Revenue/Commissionerates while allowing refund of tax

 

C. Primary education cess on all taxable services will be booked under 00440298 and Secondary Higher Education Cess will be booked under 00440426

 

D. If NSDL have issued any dummy codes for revenue collection and interest/penalty for the above services, all these dummy codes should be treated as void and may be replaced by the correct account codes as stated above

 

 

 

 

3.    Description of taxable services provided at column (2) of the table for ease of reference, does not restrict the scope of the taxable service.

 

4.   Trade Notice/Public Notice may be issued to the field formations and taxpayers.

 

5.   Please acknowledge receipt of this Circular. Hindi version follows.

 

(J. M. Kennedy)

Director (TRU)

Tel: 011-23092634

Join CCI Pro

Category Service Tax   Report

  4569 Views

Comments



More »