TRADE NOTICE NO.:   21/2003

Subject: Service Tax on 7 new services opening of new head of accounts – reg..

Attention of the trade and all concerned is invited to the fact that consequent upon the enactment of  the  Finance Act, 2003   service tax was  levied on the following services w.e.f. 01.07.2003 (vide Notification No. 07/2003 – ST, dated 20.6.2003):-

·        Business auxiliary services

·        Commercial training & coaching center

·        Commissioning and installation

·        Franchise service

·        Internet café

·        Maintenance and repair service

·        Technical testing & analysis; technical inspection and certification

Now,  new 8  digits Accounting Codes have been assigned  to these  7 new services mentioned above .the details of which are as under  :-

Note: *The Sub Head “Other Receipts”  is meant for  interest , penalty , leviable or delayed payment of Service Tax .

          **The Sub Head “Deduct Refund” is not to be used by the Assesses it is meant for  the Excise Department  while allowing  refund of tax.

          All Service Tax Assessees should quote in the TR-6 Challans these 8 digit code nos. only for the type and category of taxes paid by them while depositing  the Service Tax in respect of the services provided by them .

          All Members  of the Trade and Industry are requested to give wide publicity to the contents of this Trade Notice amongst their members .

                                                                                             Sd/-

                                                                                      (ANITA SAHNI )

                                                                                     COMMISSIONER