The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>India Taxes

What is the accounting code of secondary and higher secondary education cess for central excise,service tax?


what is the accounting code of secondary and higher secondary education cess for central excise,service tax
and custom and it is effective from which date

Accounting Code for Education Cess on all taxable services : 00440298

DDT confirms that the new 1% Secondary and Higher Education Cess on Service Tax will be effective only after the enactment of the Finance Bill.

it is effective from 1st June 2007

http://allindiantaxes.com/authority2.php
Accounting Codes for the Secondary and Higher Education Cess for Customs, Central Excise and Service Tax
New Minor Head "505-Secondary and Higher Education Cess"
under the Major Head "0037-Customs", 0038-Union Excise Duty" & "0044 - Service Tax" .
Numeric Code Description Serial Code SCCD Code

0037
003700505


00370050501
Customs
Secondary and Higher Education Cess
Deduct Refunds
00370068


00370069
116


113

0038
003803
003803505

00380350501
Union Excise Duty Non-Shareable Duties Secondary and Higher Education Cess
Deduct Refunds & Drawback
00380115

00380116
110

119

0044
004400505
Service Tax
Secondary and Higher Education Cess
Tax Collection
Other Receipts
Deduct Refunds
00440426
00440427
00440428
110
111
118




The nomenclature of the minor head 鈥?04-Education Cess' inserted vide correction slip No.532 dated 07.12.2004 has been changed as '504-Primary Education Cess'. However their accounting codes will remain same.


(Pr. Chief Controller of Accounts letter COORD/13-6/98-99/Vol.IV/454 Dated : October 4, 2007)

accounting code are given hereunder

CUSTOM:
HSC main head for deposit:00370068
for refunds/drawbacks.......:00370069

EXCISE DUTY:
HSC main head for deposit:00380115
for refunds/drawbacks.......:00380116

SERVICE TAX
FOR TAX COLLECTION:00440426
FOR OTHER RECEIPTS..:00440427(FOR DELAY INTEREST AND PENALTY)
FOR REFUNDS................:00440428

moreover u can down all accounting code & notification about the codes etc from the link given below

http://simpletaxindia.blogspot.com/2007/...

Tags
  United States Taxes   United Kingdom Taxes   Spain Taxes   Singapore Taxes   Mexico Taxes   Ireland Taxes   India Taxes   Germany Taxes   Canada Taxes   Australia Taxes   Small Business
Related information
  • Which prodcut is come under excise duty?

    You will find all the required information in this site: ...

  • How many laptops can we take back to India from U.S without paying any extra tax?

    Mr. Delta is right. You can bring one laptop from any country along with you without payment of any taxes. (Not only from US.). So bring one laptop every time you come from US or from other countr...

  • How much is u.s 1million dolars .indian rs?

    =1million X 39.80

    ...
  • Mutual Fund's statment for funds applied through ICICI Demat?

    When you apply for a mutual fund through ICICI or any through any body, you will immediately receive a statement from the mutual fund. You can write to the mutual fund for a copy of the statement ...

  • I have lost my pan card i know my pan where do i get the detail.fathers name mentioned in the card not correct

    First of all let me know is it your PAN card ?. How can the father name not correct. Any way it is better you contact any NSDL or UTIISL centers for duplicate card who are the sole agents to Inco...

  • Whether composition scheme for payment of service tax on work contract applicable on ongoing projects?

    Under which category ; the service tax was paid earlier? Please refer to Notification on the link below: ...

  • I need to know the ways by which i can save income tax?

    Mr.Veerabhadra is right if the income is for the financial year 2006-07 (A.Y 07-08). But if your question is about the current financial year 2007-08,(A.Y 08-09), then please read his answer as fo...

  • Repayment of education loan, Tax benefits?

    Yes. There is an exemption on the interest paid u/s 88E. Those are given in detail in the web links given below. But the Principal amount is not detectable at all. Says only interest eligible f...

  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster