Service tax accounting: new heads of account opened for specified taxable services, with Other Receipts covering interest and penalties. New Head of Account under Major Head 0044 - Service Tax establishes sub-heads for Tax Collection and Other Receipts with assigned revenue codes for specified services (registrar to an issue, share transfer agents, ATM operations, recovery agents, non-print advertising space/time, sponsorship services excluding sports-event sponsorship, certain international passenger transport, rail container goods transport by non-government railways, business support services, auctioneers excluding court/Central Government auctions, public relations, ship management, Internet telephony, cruise ship transport, and payment-card related services). 'Other Receipts' covers interest and penalties on delayed service tax payment.
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: new heads of account opened for specified taxable services, with Other Receipts covering interest and penalties.
New Head of Account under Major Head 0044 - Service Tax establishes sub-heads for Tax Collection and Other Receipts with assigned revenue codes for specified services (registrar to an issue, share transfer agents, ATM operations, recovery agents, non-print advertising space/time, sponsorship services excluding sports-event sponsorship, certain international passenger transport, rail container goods transport by non-government railways, business support services, auctioneers excluding court/Central Government auctions, public relations, ship management, Internet telephony, cruise ship transport, and payment-card related services). "Other Receipts" covers interest and penalties on delayed service tax payment.
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