https://www.taxtmi.com/forum/issue?id=4346 Service-specific accounting codes continue to be used for accounting of service tax for periods prior to the transition, while from the transition date the new unified accounting code applies for taxable services. Specific sub-head allocations are prescribed: Primary Education Cess and Secondary and Higher Education Cess to be booked under designated sub-heads; a new sub-head for penalty; "other receipts" for interest on delayed payment; and "deduct refunds" reserved for Revenue/Commissionerates. en-us Mon, 09 Jul 2012 14:49:30 +0530 Thu, 23 Jan 2025 15:57:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4346 Service-specific accounting codes continue to be used for accounting of service tax for periods prior to the transition, while from the transition date the new unified accounting code applies for taxable services. Specific sub-head allocations are prescribed: Primary Education Cess and Secondary and Higher Education Cess to be booked under designated sub-heads; a new sub-head for penalty; "other receipts" for interest on delayed payment; and "deduct refunds" reserved for Revenue/Commissionerates. Discussion-Forum Service Tax Mon, 09 Jul 2012 14:49:30 +0530 https://www.taxtmi.com/forum/issue?id=4346