Accounting code for payment of Krishi Kalyan Cess
Dear all,
Your association is in receipt of the Trade Notice. 02/2016 dtd 24.06.2016 issued by Principal Commissioner, Central Excise, Customs & Service Tax, Silvassa Commissionerate, Vapi. The scanned copy of the Trade Notice is enclosed herewith.
As per the Trade Notice no. 02/2016, w.e.f 1st June 2016, the Krishi Kalyan Cess is leviable on all taxable services at the rate of 0.5%.
Accordingly, accounting codes have also been allotted by the Office of the Controller General of Accounts for the new Minor Head "507-Krishi Kalyan Cess" and new Sub-heads as under:
|
Sr. No. |
Krishi Kalyan Cess |
Tax Collection |
Other Receipts |
Deduct Refunds |
Penalties |
|
1. |
0044-00-507 |
00441509 |
00441510 |
00441511 |
00441512 |
So all the colleague industries are requested to pay the Krishi Kalyan Cess as per the Trade Notice No. 02/2016.
Thanking you,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary
