Education cess on excise and imports requires temporary 'Receipt Awaiting Transfer' accounting until new heads are opened. An Education Cess applies to aggregate excise and import duties (excluding specified safeguard, countervailing and anti dumping duties) and to services when enacted; excise and import levy effective 8 7 2004. Pending new Heads of Account, collections should be provisionally recorded under 'Receipt Awaiting Transfer' within Major Heads 0037/0038 using accounting codes 00370034 and 00380086 and later transferred to the new heads.
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Provisions expressly mentioned in the judgment/order text.
Education cess on excise and imports requires temporary 'Receipt Awaiting Transfer' accounting until new heads are opened.
An Education Cess applies to aggregate excise and import duties (excluding specified safeguard, countervailing and anti dumping duties) and to services when enacted; excise and import levy effective 8 7 2004. Pending new Heads of Account, collections should be provisionally recorded under "Receipt Awaiting Transfer" within Major Heads 0037/0038 using accounting codes 00370034 and 00380086 and later transferred to the new heads.
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