code of Service Tax

[Rajan Rajan]

Sir,

Please just clarify code for service tax with penalty and excise duty with penalty with respect to pre deposit code for filing appeal before the tribunal.

please provide.

[PAWAN KUMAR]

Dear Sir,

For excise the following code can be used :

OTHER RECEIPTS - 0380087

For service tax

List of all taxable services accounting codes with their respective penalties accounting head as per annexure of notification No. 48/2012-ST dt. 30-11-2012.

[Mahir S]

Sir,

the accounting code for making penalty payment under service tax shall depend on the service for which such penalty payments are to be made.

AI Summary

Service tax accounting codes: penalty payments must follow service-specific accounting heads per notification annexure.
For excise duty penalty pre-deposit payments use OTHER RECEIPTS - 0380087. For service tax penalty pre-deposit payments use the service specific accounting heads listed in the annexure to Notification No. 48/2012-ST dated 30-11-2012; the accounting code for a service tax penalty therefore depends on the particular taxable service and must be selected from that annexure.