Service tax accounting heads require notification of assigned codes and issuance of trade notices to inform assessees. Accounting heads under Major Head '0044 Service Tax' were opened for seven newly taxable services with distinct 8 digit codes for Tax Collection, Other Receipts, and Deduct Refunds; Commissioners must be notified of the codes and advised to issue a Trade Notice. 'Other Receipts' covers interest and penalties on delayed payment; 'Deduct Refunds' is reserved for the Excise Department when granting refunds and is not for use by assessees.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Service tax accounting heads require notification of assigned codes and issuance of trade notices to inform assessees.
Accounting heads under Major Head "0044 Service Tax" were opened for seven newly taxable services with distinct 8 digit codes for Tax Collection, Other Receipts, and Deduct Refunds; Commissioners must be notified of the codes and advised to issue a Trade Notice. "Other Receipts" covers interest and penalties on delayed payment; "Deduct Refunds" is reserved for the Excise Department when granting refunds and is not for use by assessees.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
