Accounting code for payment of Krishi Kalyan Cess


Accounting code for payment of Krishi Kalyan Cess
726 Views
|
Saturday, July 9, 2016
|
View All News

Dear all,

Your association is in receipt of the Trade Notice. 02/2016 dtd 24.06.2016 issued by Principal Commissioner, Central Excise, Customs & Service Tax, Silvassa Commissionerate, Vapi. The scanned copy of the Trade Notice is enclosed herewith.

As per the Trade Notice no. 02/2016,  w.e.f 1st June 2016, the Krishi Kalyan Cess is leviable on all taxable services at the rate of 0.5%.

Accordingly, accounting codes have also been allotted by the Office of the Controller General of Accounts for the new Minor Head "507-Krishi Kalyan Cess" and new Sub-heads as under: 

Sr. No.          

Krishi Kalyan Cess
(Minor Head)

           Tax Collection

            Other Receipts
         (Interest)

             Deduct Refunds

                 Penalties 

    1.

0044-00-507

               00441509

                  00441510

                     00441511

                  00441512

 

So all the colleague industries are requested to pay the Krishi Kalyan Cess as per the Trade Notice No. 02/2016.

Thanking you,
With regards,

For Silvassa Industries & Manufacturers Association

Narendra Trivedi
Secretary 


Other News by SIMA