TaxTMI 
TaxTMI 
Accounting of collection of Service tax and Central Excise duties — Procedures revised
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....Controller of Accounts, CBEC, New Delhi's letter F.No. Coord. II/9-17/Major Head/09/249 dated 9-3-2009 regarding Major Head wise scrolling, remittance and put-through of physical collection of Central Excise duties and Service Tax is communicated herewith for information, guidance and necessary action. Copy of Pr. Chief Controller of Accounts, CBEC, New Delhi's letter F.No. Coord. II/9-17/Major H....
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....l collection of Central Excise and Service Tax vide para 5.2 specifies the need of the Focal Point Branch of the banks to generate the main scrolls Commissionerate-wise and Major Head-wise and send them to the concerned Pay and Accounts Office. The link cell of the banks are to settle the funds with RBI accordingly and the monthly put-through statement are also be generated Bank-wise, Commissioner....
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.... under consideration of this office for same time past. On a careful consideration of all relevant aspects, it has been decided in consultation with the Office of the Controller General of Accounts to dispense with Commissionerate-wise scrolling in the case of physical revenuew of C. Excise and Service Tax by the banks. As a natural corollary, this will imply PAO wise & major head wise remittance ....