sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Latest Circulars »
 RBI likely to extend deadline for filing of foreign investment master form
 Priority Sector Lending - Targets and Classification: Lending to non-corporate farmers – System wide average of last three years
 Exim Bank's Government of India supported Line of Credit of USD 17.50 million to the Government of the Cooperative Republic of Guyana
 Discussion on Changes in ITR Form & Stress Management with Financial Stress Assessment
 Auction for Sale (Re-issue) of Government Stock (GS) July 09, 2018
 Auction of Government of India Dated Securities July 09, 2018
 Central Board Of Indirect Taxes And Customs Notification No. 21/2018 – Central Tax
 Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
 Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) by Co-operative banks
 Master Direction on Levy of Penal Interest for Delayed Reporting / Wrong Reporting / Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances
 Master Direction on Currency Distribution & Exchange Scheme (CDES) based on performance in rendering customer service to the members of public

Accounting Codes for the taxable services introduced vide the Finance Act, 2011 - Central Excise Circular No.136/5/2011-TRU
April, 22nd 2011

Circular No.136/5/2011-TRU

F.No.335/5/2006-TRU

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs

Tax Research Unit

 

New Delhi,   20th April, 2011

 

To,

 

Chief Commissioners of Central Excise and Customs (All),

Director General (Service Tax),

Director General (Central Excise Intelligence),

Director General (Audit),

Commissioners of Service Tax (All)

Commissioners of Central Excise (All)

Commissioners of Central Excise and Customs (All).

 

Madam/Sir,

 

Subject: Accounting Codes for the taxable services introduced vide the Finance Act, 2011 -- regarding.

 

         

Heads of Account under the Major Head 0044-Service Tax in respect of the new taxable services have been allotted by the Office of the Principal Chief Controller of Accounts, CBEC.

 

2. Accounting Codes for the purpose of payment of service tax are as follows:

 

Sl.No.

Taxable Services

Accounting Code

Tax Collection

Other Receipts

Deduct Refunds

(1)

(2)

(3)

(4)

(5)

1.

Service provided by a restaurant having   air-conditioning and license to serve alcoholic beverages in relation to serving of food or beverage, including alcoholic beverages or both, in its premises [Finance Act 1994, Section 65(105) (zzzzv)]

00441067

00441068

00441069

2.

Service provided by a hotel, inn, guest house, club or campsite in relation to providing of accommodation for a continuous period of less than three months[Finance Act 1994, Section 65(105) (zzzzw)]

00441070

00441071

00441072

 

Note:  

A. The sub-head other receipts is meant for interest, penalty, leviable on delayed payment of service tax

B. The sub-head deduct refunds is not to be used by the assessees, as it is meant for the Revenue/Commissionerates while allowing refund of tax

C. Primary education cess on all taxable services will be booked under 00440298 and Secondary Higher Education Cess will be booked under 00440426

D. If NSDL have issued any dummy codes for revenue collection and interest/penalty for the above services, all these dummy codes should be treated as void and may be replaced by the correct account codes as stated above

 

 

3.    Description of taxable services provided at column (2) of the table for ease of reference, does not restrict the scope of the taxable service.

4.   Trade Notice/Public Notice may be issued to the field formations and taxpayers.

5.   Please acknowledge receipt of this Circular. Hindi version follows.

(J. M. Kennedy)

Director (TRU)

Tel: 011-23092634

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions