TMI BlogTemporary Accounting of Collection of-Secondary and Higher Education Cess.X X X X Extracts X X X X X X X X Extracts X X X X ..... lection 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... waiting 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 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dary 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 Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X
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