Heads of accounts updated for newly taxable services and education cess, requiring designated accounting codes and trade notice. New Heads of Accounts under Major Head 0044 for Service Tax and an Education Cess account have been opened effective 01-06-2007 for seven newly taxable services. The Controller of Accounts provided accounting codes for three sub-heads per service-Tax Collection, Other Receipts (for interest and penalties), and Deduct Refunds-and requested that Commissioners be informed and Trade Notices issued. The 'Deduct Refunds' sub-head is not to be used 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.
Heads of accounts updated for newly taxable services and education cess, requiring designated accounting codes and trade notice.
New Heads of Accounts under Major Head 0044 for Service Tax and an Education Cess account have been opened effective 01-06-2007 for seven newly taxable services. The Controller of Accounts provided accounting codes for three sub-heads per service-Tax Collection, Other Receipts (for interest and penalties), and Deduct Refunds-and requested that Commissioners be informed and Trade Notices issued. The "Deduct Refunds" sub-head is not to be used by assessees.
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