Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: form 3cd :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: VAT RATES :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: articles on VAT and GST in India :: TDS :: cpt
 
 
Service Tax »
 What does GST hold for Indian youth?
 GST will help India move towards becoming a commercial union
 Friendly advance ruling mechanism to smoothen ride under GST regime
 GST impact: Small businesses could under-report income initially
 The art of doing business under GST
 GST council to debate tax on services, fitment of items on April 18-19
 Online Services – Changes In Service Taxation
 States deserve bigger share of GST pie
 Mumbai zone service tax mop-up falls short of revised target
  Composition Tax under CGST Bill,2017
 GST Network expects last-minute rush from taxpayers

NEW UPDATE SERVICE TAX ACCOUNTING CODES FOR NEW SERVICES
July, 26th 2013

SERVICE TAX ACCOUNTING CODES FOR NEW SERVICES

 

Accounting Codes For The Taxable Services Introduced Vide The Finance Act, 2011(8 of 2011)

         

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:

 

Sr.No

Taxable Services

Accounting Code

Tax Collection

Other Receipts

Deduct Refunds

1

2

3

4

5

124

Services of Air-conditioned restaurants having license to service alcoholic beverages in relation to service of food or beverages.

00441067

00441068

00441069

125

Services of providing of accommodation in hotels / inns/ cubs/ guest houses/ campsite for a continuous period of less than three months

00441070

00441071

00441072

 

 

Note :

  1. The sub-head “other receipts” is meant for interest, penalty, leviable on delayed payment of service tax
  2. 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
  3. Primary education cess on all taxable services will be booked under 00440298 and Secondary Higher Education Cess will be booked under 00440426
  4. If NSDL have issued any dummy codes for revenue collection and interest / penalty for the above eight services, all these dummy codes should be treated as void and may replaced by the correct account codes as stated above
  5. Description of taxable services provided at column (2) of the given table for ease of reference, does not limit the scope of 
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

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