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Accounting codes for payment of Service tax. Featured

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As the negative list on service tax applicable from 01.07.2012 , the accounting codes for the payment of service taxes become uniform for all the services . The accounting codes of challans for the payment of service taxes are as follows :

Particulars                   :  Accounting code for challan

service tax collected     :  00441089

Other receipts             : 00441090

Penalties                    :  00441093

Refunds                     :  00441094(not to be used by assessee, but by department for refunds )

Education cess           :  00440298

Secondary edu cess    :  00440426

For the tax collected before 1.7.2012 and not paid up to 01.07.12 , the it has to be remitted using the old accounting codes . Which means the above codes are applicable for taxes collected on or after 01.07.2012.

 

UPDATE : THE ABOVE SYSTEM OF PAYMENT OF SERVICE TAX HAS WITHDRAWN BY CBEC AS PER THE CIRCULAR NUMBER 165/16/2012 DATED 20TH NOVEMBER 2012. ACCOUNTING CODES ARE TO BE SELECTED SEPARATELY FOR 120 SERVICES INDIVIDUALLY.

Refer our Post :http://www.carockers.in/index.php/item/154-accounting-codes-for-sevice-tax-and-accounting-heads

 

   

Read 17085 times Last modified on Tuesday, 01 January 2013 10:26

5 comments

  • Comment Link see this Thursday, 04 December 2014 20:10 posted by see this

    Thanks for the sensible critique. Me and my neighbor were just preparing to do some research about this. We got a grab a book from our area library but I think I learned more from this post. I am very glad to see such excellent info being shared freely out there.

  • Comment Link find more Sunday, 28 September 2014 21:39 posted by find more

    I conceive you have remarked some very interesting details , regards for the post.

  • Comment Link Manu Menon Friday, 15 March 2013 10:12 posted by Manu Menon

    Accounting codes are based on services provided and not by the rates. Refer http://carockers.in/index.php/item/154-accounting-codes-for-sevice-tax-and-accounting-heads

  • Comment Link RAO Friday, 15 March 2013 07:02 posted by RAO

    WE ARE COLLECTED THE SERVICE TAX RATE OF 4.995 WHAT IS THE TAX CODES PLEASE PASS THE CODE FOR ABOVE TAXES

  • Comment Link Abdul Nasir Monday, 22 October 2012 10:19 posted by Abdul Nasir

    dear sir/madam
    please reply the head of account of service tax accounting code 00441089
    thank you

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