Service tax reconciliation requires use of designated TR-6 challan and accurate payment details to ensure proper accounting. Assessees must use the yellow TR-6 challan and deposit Service tax only at nominated bank branches; cheque deposit date is payment date subject to realization. Challans must show a running serial number, bank branch code, the 15 digit registration number, Month/Quarter, service category in Column I, and the correct head of account for tax, interest, penalty and other receipts. Range and Sector Officers shall verify challan completeness before bank presentation to enable computerised reconciliation under Major Head 044.
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Service tax reconciliation requires use of designated TR-6 challan and accurate payment details to ensure proper accounting.
Assessees must use the yellow TR-6 challan and deposit Service tax only at nominated bank branches; cheque deposit date is payment date subject to realization. Challans must show a running serial number, bank branch code, the 15 digit registration number, Month/Quarter, service category in Column I, and the correct head of account for tax, interest, penalty and other receipts. Range and Sector Officers shall verify challan completeness before bank presentation to enable computerised reconciliation under Major Head 044.
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