Accounting code for payment of interest of ed. cess & shec

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Querist : Anonymous

Querist : Anonymous (Querist)

16 October 2012 Pz provide me with the accounting code for payment of Interest on Education cess or SHEC. Or is it payable under the code of 1090

MOHAMMAD SALIM

MOHAMMAD SALIM (Expert)
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16 October 2012 Accounting codes for the purpose of payment of service tax under the Negative List approach, with effect from 1st July, 2012 is as follows:

Tax collection 00441089
Other Receipts 00441090
Penalties 00441093
Deduct refunds 00441094

Primary Education Cess on all taxable services will be booked under 00440298 and Secondary and Higher Education Cess on all taxable services will be booked under 00440426

Querist : Anonymous

Querist : Anonymous (Querist)

17 October 2012 And in case of delay payment of tax.. then we have to pay interest on tax + interest on ed cess + int on SHEC tooo... What is the code for the payment of interest on Tax & interesst on Ed. cess & interest on SHEC

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MOHAMMAD SALIM

MOHAMMAD SALIM (Expert)
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29 October 2012 Interest may be shown as Other Reciepts.... 04410190