Accounting Codes for
Taxable Services
Subject:
Accounting Codes for the taxable services introduced vide the Finance (No.14)
Act, 2010 -- regarding.
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:
|
Sl.No. |
Taxable
Services |
Accounting
Code |
||
|
Tax
Collection |
Other
Receipts |
Deduct
Refunds |
||
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
1. |
Service
of promoting, marketing or organizing of games of chance, including lottery,
Bingo or Lotto [Finance Act 1994, Section 65(105)(zzzzn)] |
00440595 |
00440596 |
00440597 |
|
2. |
Health service:
(a) health check-up undertaken by hospitals or medical establishments for
employees of business entities and (b) health services provided under health
insurance schemes offered by insurance companies[Finance Act 1994, Section 65
(105) (zzzzo)] |
00440598 |
00440599 |
00440600 |
|
3. |
Service
of maintenance of medical records of employees of business entity[Finance Act
1994, Section 65(105)(zzzzp)] |
00440601 |
00440602 |
00440603 |
|
4. |
Service
of promoting a brand of goods, services, events, business entities,
etc[Finance Act 1994, Section 65(105)(zzzzq)] |
00440604 |
00440605 |
00440606 |
|
5. |
Service
of permitting commercial use or exploitation of any event organized by a
person or organization[Finance Act 1994, Section 65 (105) (zzzzr)] |
00440607 |
00440608 |
00440609 |
|
6. |
Service
provided by electricity exchange [Finance Act 1994, Section 65(105)(zzzzs)] |
00440610 |
00440611 |
00440612 |
|
7. |
Service
related to (a) transferring temporarily or (b) permitting the right to use or
enjoyment of any copyright defined in the Copyright Act, 1957 and services
related two types of copyright not covered under Intellectual Property
Right(IPR) Service, namely those on (a) cinematographic films and (b) sound
recording [Finance Act 1994, Section 65(105)(zzzzt)] |
00440613 |
00440614 |
00440615 |
|
8. |
Special
service provided by a builder etc, to the prospective tax buyers such as providing
preferential location or external or internal development of complexes on
extra charges[Finance Act 1994, Section 65(105)(zzzzu)] |
00440616 |
00440617 |
00440618 |
Note:
A. The
sub-head “other receipts” is meant for interest, penalty, leviable
on delayed payment of service tax
B. 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
C. Primary
education cess on all taxable services will be booked
under 00440298 and Secondary Higher Education Cess will be booked under 00440426
D. 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
be 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.
6. Trade Notice/Public Notice may
be issued to the field formations and taxpayers.
F.No.335/5/2006-TRU