Accounting codes for service tax updated under the Negative List approach, consolidating taxable services and specifying collection and penalty heads. A new Minor Head 'All Taxable Services' under Major Head 0044 Service Tax was instituted from 1 July 2012 to consolidate accounting for service tax under the Negative List approach, with distinct sub heads and codes for tax collection, other receipts, penalties and deduct refunds. Service specific codes remain for prior periods; education cesses are to be booked under specified cess heads; other receipts covers interest; penalty has a separate sub head; and deduct refunds is reserved for Revenue/Commissionerates to allow refunds.