Service tax accounting codes for new taxable services and education cess established, directing updated collection and accounting procedures. Service tax accounting codes have been opened for seven categories of newly taxable services and for the Education Cess, effective 1-6-2007, under Major Head '0044-Service Tax', with distinct sub-heads for Tax Collection, Other Receipts (for interest and penalties) and Deduct Refunds (for departmental refund allowance). The Controller of Accounts requests that these codes be intimated to Commissioners and that a Trade Notice be issued to inform assessees; Education Cess uses code 00440298.
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Service tax accounting codes for new taxable services and education cess established, directing updated collection and accounting procedures.
Service tax accounting codes have been opened for seven categories of newly taxable services and for the Education Cess, effective 1-6-2007, under Major Head "0044-Service Tax", with distinct sub-heads for Tax Collection, Other Receipts (for interest and penalties) and Deduct Refunds (for departmental refund allowance). The Controller of Accounts requests that these codes be intimated to Commissioners and that a Trade Notice be issued to inform assessees; Education Cess uses code 00440298.
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