Accounting code for payment of Swachh Bharat Cess - Service Tax - TRADE NOTICE NO.: 07/2015 ST

OFFICE OF THE COMMISSIONER OF CENTRAL EXCISE, CUSTOMS SERVICE TAX C.R.BUILDING, I.S.PRESS ROAD, COCHIN-682018 C. No. IV/16/08/2014 ST. Pt-I Dated: - 14.12.2015 TRADE NOTICE NO.: 07/2015 ST Subject: Accounting code for payment of Swachh Bharat Cess - Regarding. 1. Chapter VI of the Finance Act, 2015 has been brought into effect from 15th November, 2015 (notification No. 21/2015-ST, dated 6th November, 2015 refers). Swachh Bharat 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 of 0.5% (notification No. 22/2015-ST dated 6th November, 2015 refers). 2. Accordingly, accounting codes have also been allotted by the Office of the Controller General of Accounts for the new Minor Head 506-Swachh Bharat Cess and new Sub-heads as under. Swachh Bharat Cess (Minor Head) Tax Collection Other Receipts (Interest) Penalties Deduct Refunds 0044-00-506 00441493 00441494 00441496 00441495 4. Ail the trade associations are requested to bring the contents of this Trade Notice to the attention of their members in particular and the trade in general. RESHMA LAKHANI COMMISSIONER