Format of List Refund Payments

[Service Tax Circular No. 203 dated 2nd February 2017]

Sub: Mentioning of Minor Head Code for accounting of Refund.

The Chief Controller of Accounts has informed that the format of List of Payments (LoP) of Refunds sent by many Central Excise and Service Tax Commissionerates to the Pay and Accounts Office (PAO herein) is not as per the format prescribed under the Annexure 9.5 with reference to Para-9.8.2 of the Manual on Accounting of Indirect Taxes (Manual herein after). In the format prescribed under the Manual, there are 11 columns and column No. 10 is specifically for mentioning the Minor Head code for accounting of refunds under the appropriate Service Head. LoP sent by many Commissionerates are not having such Minor head of account. In the absence of the minor/service wise head concerned, it is not possible to exactly identify the appropriate head of Account under which the service wise refunds are to be accounted for eventually leading to erroneous accounting.

2.  Hence it is requested that all Commissionerates of Service Tax/ Central Excise/ Customs may follow the prescribed format of List of Payments for refunds/drawback payments and send it to the respective PAOs on weekly basis i.e. on 7th, 14th and 21st of every month as prescribed under Para-9.8.2 of the Manual.

3.  Principal Chief Commissioners/Chief Commissioners may please ensure strict compliance of these instructions.

Annexure 9.5

(Refer para 9.8.2)

List of Payment of Revenue Refunds & Drawbacks etc.

S. No.

Name of the Party

Cheque No. & date

Amount

Commissionerate Code

Assesse Type CE/ST

Location code

FPB Code

Refund Bank Code

Minor Head Code

Indicator (Refund / Drawback)

1

2

3

4

5

6

7

8

9

10

11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature of Divisional Officer