Accounting Code for payment of service tax under the Negative List approach to taxation of services, with effect from the first day of July 2012 - regarding.
Negative List based comprehensive approach to taxation of services came into effect from the first day of July, 2012. For payment of service tax under the new approach, a new Minor Head - ‘All taxable Services’ has been allotted under the Major Head “0044-Service Tax”.
Name of Services
All Taxable Services
Note: Please note that on e payment of service tax page you will found the new code Just at the end after education cess and higher education cess with heading.
ALL TAXABLE SERVICES - OTHER THAN IN THE NEGATIVE LIST (WITH EFFECT FROM 1ST JULY 2012)
Update :Dated 20.11.2012: Old accounting code for 120 services restored and now use separate code for 120 services and common code for other services