Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India's Finance Ministry Details New Service Tax Codes for Restaurants and Short-Term Accommodations Under Finance Act 2011.</h1> The circular issued by the Ministry of Finance, Government of India, details the accounting codes for new taxable services introduced under the Finance Act, 2011. It specifies the codes under the Major Head '0044-Service Tax' for services provided by air-conditioned restaurants serving alcoholic beverages and accommodation services offered by hotels, inns, guest houses, clubs, or campsites for less than three months. The circular includes guidelines on the use of sub-heads for other receipts and tax refunds, and instructions for replacing any dummy codes with the correct account codes. It also calls for issuing trade notices to inform field formations and taxpayers.