Payment under different account head

[Ganeshan Kalyani]

Dear Sir,

I have made payment for service tax under reverse charge. the payment for Manpower is done under code GTA. Will that be any problem during assessment, as the payment is done and compliance is completed. As i understand the service tax codes for payment are for statistical purpose for determining revenue under different services. Hence as far as the payment is made there should not be litigation. kindly through some light.

regards,

ganesh

AI Summary

Payment misclassification: depositing service tax under incorrect account head does not trigger additional demand; notify tax office.
Depositing service tax under an incorrect accounting head is treated as an administrative/statistical misclassification and, where tax has been paid, does not ordinarily attract a new demand; notifying the jurisdictional tax office is not legally mandated but is recommended as a protective administrative measure, with administrative guidance set out in Circular No. 165/2012 ST and Notification No. 48/2012 ST.