CIR. NO. 203/01/2017-ST, DT. 02/02/2017
- Document type
- Circular
- Dated
- Category
- Service Tax Circulars-Year 2017
Mentioning of Minor Head Code for accounting of Refund
Mentioning of Minor Head Code for accounting of Refund - regarding
The Chief Controller of Accounts has informed that the format of List of Payments (LOP) of Refunds sent by many Central Excise and Service Tax Commissionerates to the Pay and Accounts Office (PAO herein) is not as per the format prescribed under the Annexure 9.5 with reference to Para-9.8.2 of the Manual on Accounting of Indirect Taxes (Manual herein after). In the format prescribed under the Manual, there are 11 columns and column No. 10 is specifically for mentioning the Minor Head code for accounting of refunds under the appropriate Service Head. LOP sent by many Commissionerates are not having such Minor head of account. In the absence of the minor/service wise head concerned, it is not possible to exactly identify the appropriate head of Account under which the service wise refunds are to be accounted for eventually leading to erroneous accounting.
2. Hence it is requested that all Commissionerates of Service Tax/ Central Excise/ Customs may follow the prescribed format of List of Payments for refunds/drawback payments and send it to the respective PAOs on weekly basis i.e. on 7th, 14th and 21st of every month as prescribed under Para-9.8.2 of the Manual.
3. Principal Chief Commissioners/Chief Commissioners may please ensure strict compliance of these instructions.
Yours faithfully
Dr. Gaurav Mittal
Officer on Special Duty
Service Tax Policy Wing
Phone no: 011-23095438
Enclosure: Annexure 9.5 as above
Annexure 9.5
(Refer para 9.8.2)
| S. No. | Name of the Party | Cheque No. & date | Amount | Commissionerate Code | Assesse Type CE/ST | Location code | FPB Code | Refund Bank Code | Minor Head Code | Indicator (Refund /Drawback) |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
|
|
Signature of Divisional Officer