Temporary Accounting of Collection of-Secondary and Higher Education Cess. - Service Tax - 09/2007

Temporary Accounting of Collection of-Secondary and Higher Education Cess. OFFICE OF THE COMMISSIONER OF CENTRAL EXCISE: PUNE - III ICE HOUSE: 41-A: SASSOON ROAD: OPP.WADIACOLLEGE: PUNE - 1 TRADE NOTICE NO. 09/ 2007 SUB: - Accounting of Collection of-Secondary and Higher Education Cess. Attention of the Trade Industry is invited to Trade Notice No.7/2007 dated 3.4.2007 and Trade Notice No. 8/2007 dated 16.4.2007. 2. In this regard, it is clarified that new " Secondary and Higher Education Cess" @ 1% has been levied on all excisable goods, imported goods taxable services in the Union Budget-2007. The matter has been taken up with CGA's office for opening of new Head of Accounts. Pending opening of new Heads of Accounts, which is likely to take time, the duty being deposited by assesses may be accounted for the present under Sub-Head/Minor Head of Accounts " Receipts awaiting Transfer" (RAT) to other Minor Head etc under Major Head 0037- Customs/ 0038- Union Excise Duty/ 0044- Service Tax. The amount kept under RAT would be transferred to the new Head of Account as and when opened by CGA's office. The details of the Minor Head of Accounts- RAT are as follows:- Head of Accounts Description Serial Code. No. SCCD Code No. 00370080001 Minor Head- Receipt Awaiting Transfer to Other Minor Heads etc. 00370034 111 003860500 Minor Head- Receipt Awaiting Transfer to Other Minor Heads etc. 00380086 119 004400500 Minor Head- Receipt Awaiting Transfer to Other Minor Heads etc. 00440252 119 4. Pending opening of the new Heads of Accounts, the " Secondary and Higher Education Cess" of 1% on account of Customs, Union Excise duty Service Tax will be paid as per details of Minor Head of Accounts - RAT given above. 5. All the Trade Associations and Chamber of Commerce and Industries are requested to bring the contents of this Trade Notice to the Notice of their member constituents. F.No. VGN(30)158/Trade-Notice/07 (Shambhoo Dayal) Pune, 26 th April 2007 Joint Commissioner Government of India Ministry of Finance OFFICE OF THE COMMISSIONER CENTRAL EXCISE DELHI-III, (ISO 9001:2000 CERTIFIED) UDYOG VIHAR, VANIJAY NIKUNJ, UDYOG MINAR, PHASE-V, GURGAON Tel.No. 0124-2346931 Fax No. 0124-2349463 C.No.IV (16) Tech/DIII/3/07 Dated:- TRADE NOTICE NO. 21/2007 Sub: Accounting of Collection of "Secondary Higher Education Cess" It is brought to the notice of all the members of Trade and Industry that in the Union Budget 2007, new "Secondary and Higher Education Cess" @ 1% has been levied on all excisable goods, imported goods taxable services. The Pr. Chief Controller of Accounts has taken up the matter with CGA's office for opening of new Head of Accounts. Pending opening of new Heads of Accounts which is likely to take time, the duty being deposited by assesses may be accounted for the present under Sub-Head/Minor-Head of Accounts "Receipt Awaiting Transfer" to other Minor Head etc" under Major Head 0037 - Customs/0038-Union Excise Duty/0044 - Service Tax. The amount kept under RAT would be transferred to the new Head of Account as and when opened by CGA's office. The details of the Minor Head of Accounts - RAT are as follows:- Head of Accounts Description Serial Code No. SCCD Code No. 00370080001 Minor Head-Receipt Awaiting Transfer to other Minor Heads etc. 00370034 111 003860500 Minor Head-Receipt Awaiting Transfer to other Minor Heads etc. 00380086 119 004400500 Minor Head-Receipt Awaiting Transfer to other Minor Heads etc. 00440252 119 (PIYUSHA PATNAIK) COMMISSIONER