Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Tax Research Unit
146-F, North Block,
Circular No.165/16/2012 -ST
New Delhi, 20th November, 2012
To
Chief Commissioners of Central Excise and Customs (All), Director General
(Service Tax), Director General(Systems), Director General (Central Excise
Intelligence), Director General (Audit),Commissioners of Service Tax (All),
Commissioners of Central Excise (All), Commissioners of Central Excise and
Customs (All)
Madam/Sir,
Subject: Restoration of service specific accounting codes for payment of service
tax - regarding.
Negative List based comprehensive approach to taxation of services came into
effect from the first day of July, 2012. Accounting code for the purpose of
payment of service tax under the Negative List approach [“All Taxable Services”
– 00441089] was prescribed vide Circular 161/12/2012 dated 6th July, 2012.
- Subsequent to the issuance of the Circular, suggestions were received from
the field formations that the service specific old accounting codes should be
restored, for the purpose of statistical analysis; also it was suggested that
list of descriptions of services should be provided to the taxpayers for
obtaining registration. These suggestions were examined and a decision has been
taken to restore the service specific accounting codes. Accordingly, a list of
120 descriptions of services for the purpose of registration and accounting
codes corresponding to each description of service for payment of tax is
provided in the annexure to this Circular.
- Descriptions of taxable services given in the annexure are solely for the
purpose of statistical analysis. On the advice of the office of the C & AG, a
specific sub-head has been created for payment of “penalty” under various
descriptions of services. Henceforth, the sub-head “other receipts” is meant
only for payment of interest payable on delayed payment of service tax.
Accounting Codes under the sub-head “deduct refunds” is not to be used by the
taxpayers, as it is meant for use by the field formations while allowing refund
of tax.
- Registrations obtained under the positive list approach continue to be valid.
New taxpayers can obtain registrations by selecting the relevant description/s
from among the list of 120 descriptions of services given in the Annexure. Where
registrations have been obtained under the description ‘All Taxable Services’,
the taxpayer should file amendment application online in ACES and opt for
relevant description/s from the list of 120 descriptions of services given in
the Annexure. If any applications for amendment of ST-1 are pending with field
formations, seeking the description ‘all taxable services’, such amendment may
not be necessary and the officers in the field formations may provide necessary
guidance to the taxpayers in this regard. Directorate General of Systems will be
making necessary arrangements for display of the list of 120 descriptions of
services and their corresponding Accounting Codes in Form ST-1 and Form ST-2 as
may be necessary.
- Officers in the field formations are instructed to extend necessary guidance
to the tax payers regarding the selection of appropriate description of taxable
service and facilitate the payment of service tax/cess due under the appropriate
accounting code. Trade Notice/Public Notice may be issued to the field
formations and tax payers. Please acknowledge receipt of this Circular. Hindi
version follows.
Click here > Annexure (nine pages)
(J.M.Kennedy)
Director, TRU
Tel: 011-23092634
Email: [email protected]
F.No.341/21/2012-TRU