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
News Headlines »
 Income tax exemption limit may be doubled to Rs 5 lakh in interim budget
 How to use home loan and rental outgo to save income tax
 Income Tax Department Income Tax Return Statistics Assessment Year 2017-18
 Section 80C limit: Should you use only life insurance to save taxes?
 Calculate your tax liability for assessment year 2019-20 here
 Here is how to maintain tax discipline in the last quarter of the fiscal
 4 best tax saving investment schemes for senior citizens
 How much tax you will have to pay explained Income Tax standard deduction for FY 2019-20
 Income-tax Deduction from salaries during the Financial Year 2018-19 under section 192 of the Income-tax Act, 1961
 No e-way bill if returns not filed for two months
 How to make the best investment, late tax penalty and other things you need to know ITR filing

Service Tax accounting codes for new services
January, 30th 2015

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 the taxable service.

 

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

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