Accounting code for payment of Krishi Kalyan Cess - Service Tax - TRADE NOTICE NO. 04/2016-17

GOVERNMENT OF INDIA OFFICE OF THE PRINCIPAL COMMISSIONER CENTRAL EXCISE SERVICE TAX PATNA C.R. (ANNEXE) BUILDING, BIR CHAND PATEL MARG, PATNA-800001. C. No. IV(39)38//Tech/CCE/PAT/14/898-910 Dated: 16-06-2016 TRADE NOTICE NO. 04/2016-17 Attention of the trade is invited to Circular No. 194/04/2016-ST Dated 26.05.2016 issued vide F. No. 354/25/2016-TRU by Government of India, Ministry of Finance, Department of Revenue, TRU, CBEC, New Delhi regarding accounting code for payment of Krishi Kalyan Cess. The contents of the aforesaid circular are reproduced below:- Sub : Accounting code for payment of Krishi Kalyan Cess -reg. It is bring to your kind notice that Chapter VI of the Finance Act, 2016 has come into effect from 1 st June 2016. Krishi Kalyan Cess is leviable on all taxable services, other than services which are fully exempt from Service Tax or services which are otherwise not liable to Service Tax under Section 66B of the Finance Act, 1994, at the rate 2. Accordingly, accounting codes have also been allotted by the Office of the Controller General of Accounts for new Minor Head 507-Krishi Kalyan Cess and new sub-heads as under: Krishi Kalyan Cess (Minor Head ) Tax Collection Other receipts Interest) Deduct Refunds Penalties 0044-00-507 00441509 00441510 00441511 00441512 (Issued in File C. No. IV(39)38/Tech/CCE/PAT/14/) (Anand Kumar) Joint Commissioner