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of <h1>Customs Circular Outlines Accounting for New 'Clean Energy Cess' Under Specific Sub-Head and Minor Head.</h1> The circular issued by the Commissioner of Customs in Mangalore addresses the accounting procedures for the newly implemented 'Clean Energy Cess.' It instructs field formations, trade, and industry stakeholders to account for the cess under the 'Receipt Awaiting Transfer' sub-head before transferring it to the new Minor Head '122-Clean Energy Cess' under the Major '0037-Customs.' The Controller General of Accounts has approved this operation, and numeric, serial, and SCCD codes are provided for proper categorization. Trade associations and chambers are urged to disseminate this information to their members promptly.
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