The New Assessee in the process of Registration has to select the Services among the list of 120 Descriptions mentioned below. If in registration the taxpayer has obtained under the description “All Taxable Services” then the assessee should file an amendment application in online in ACES and must choose the relevant descriptions from the 120 list of descriptions of services given below. The Director General of Systems is responsible for making these necessary arrangements in displaying this 120 list of description of services and their corresponding Accounting Codes in Form ST-1 and Form ST-2 as they are necessary. After completion of this article you must be aware of Accounting Codes for New Services, Service Tax Accounting codes for Education Cess, Service Tax Accounting codes for Krishi Kalyan and Swachh Bharat Cess account codes. Let us have a look at the Accounting Codes for the purpose of payment of service tax in the following section.
Service Tax Accounting Codes
The table given below displays the category of services that are taxable. The table also shows the ‘Accounting Codes’ for payment of Service Tax. Get Account Codes in Service Tax in the following section. Check out Accounting Codes for the Taxable Services Introduced Vide The Finance Act, 2011(8 of 2011).
|S.No.||Name of Service||Tax collection||Other Receipts||Deduct refunds||Penalties|
|1.||Tax on Telephone Billing||00440003||00440119||00440122||00441296|
|2.||Tax on General Insurance Premia||00440005||00440006||00440120||00441297|
|3.||Tax on Stock Brokerage Commission||00440008||00440009||00440121||00441298|
|6.||Radio Paging Services||00440015||00440020||00440021||00441301|
|7.||Custom House Agent Services||00440026||00440027||00440028||00441302|
|8.||Steamer Agent Services||00440029||00440030||00440031||00441303|
|9.||Air Travel Agent Services||00440032||00440033||00440034||00441304|
|10.||Mandap Keeper Services||00440035||00440036||00440037||00441305|
|11.||Clearing and Forwarding Agent Services||00440045||00440046||00440047||00441306|
|12.||Rent a Cab Scheme Operator Services.||00440048||00440049||00440050||00441307|
|13.||Consulting Engineer Services||00440057||00440058||00440059||00441310|
|14.||Man Power Recruitment Services||00440060||00440061||00440062||00441311|
|15.||Tour Operator Services||00440063||00440064||00440065||00441312|
|16.||Goods Transport Operator Services||00440067||00440068||00440069||00441313|
|18.||Interior Decoration/Designers Services||00440076||00440077||00440078||00441315|
|19.||Mechnised Slaughter House Services||00440080||00440081||00440082||00441316|
|20.||Under Writer Services||00440084||00440085||00440086||00441317|
|21.||Credit Rating Agency Services||00440088||00440089||00440090||00441318|
|22.||Chartered Accountant Services||00440092||00440093||00440094||00441319|
|23.||Cost Accountant Services||00440096||00440097||00440098||00441320|
|24.||Company Secretary Services||00440100||00440101||00440102||00441321|
|25.||Real Estate Agent/Consultant Service||00440104||00440105||00440106||00441322|
|26.||Security/Detective Agency Services||00440108||00440109||00440110||00441323|
|27.||Market Research Agency Services||00440112||00440113||00440114||00441324|
|28.||Management Consultant Services||00440116||00440117||00440118||00441325|
|29.||Scientific and Technical Consultancy Service||00440125||00440126||00440127||00441326|
|32.||Leased circuits service||00440137||00440138||00440139||00441329|
On-line information and database access and/or retrieval service
|37.||Video tape production service||00440157||00440158||00440159||00441334|
|38.||Sound recording service||00440161||00440162||00440163||00441335|
|40.||Insurance auxiliary services||00440169||00440170||00440171||00441338|
|41.||Banking and other financial services||00440173||00440174||00440175||00441339|
Service or repair provided by the authorised service station for motorcar and two-wheeled motor vehicle.
Life Insurance Service including insurance auxiliary services relating to Life Insurance.
|45.||Cargo Handling Services||00440189||00440190||00440191||00441348|
|46.||Storage and Warehouse Services||00440193||00440194||00440195||00441350|
|47.||Event Management Services||00440197||00440198||00440199||00441353|
|48.||Rail Travel Agent services||00440201||00440202||00440203||00441356|
|49.||Health Club and Fitness Centers Services||00440205||00440206||00440207||00441358|
|50.||Beauty Parlours Services||00440209||00440210||00440211||00441361|
|51.||Fashion Designing Services||00440213||00440214||00440215||00441363|
|52.||Cable Operators services||00440217||00440218||00440219||00441366|
|53.||Dry cleaning Services.||00440221||00440222||00440223||00441369|
|Business auxiliary services||00440225||00440226||00440227||00441371|
|55.||Commercial training and coaching center||00440229||00440230||00440231||00441374|
|56.||Commissioning and installation Service||00440233||00440234||00440235||00441376|
|59.||Maintenance and repair service||00440245||00440246||00440247||00441388|
|60.||Technical testing & analysis||00440249||00440250||00440251||00441389|
|61.||Business Exhibition Services||00440254||00440255||00440256||00441390|
|63.||Transport of goods by air||00440266||00440267||00440268||00441393|
|64.||Survey and exploration of mineral||00440270||00440271||00440272||00441394|
|65.||Opinion poll services||00440274||00440275||00440276||00441395|
|66.||Intellectual property services other than copyright.||00440278||00440279||00440280||00441396|
|67.||Forward contract services||00440282||00440283||00440284||00441397|
|68.||Outdoor Caterers Services||00440051||00440052||00440053||00441308|
|69.||Pandal or Shamiana Contractors Services||00440054||00440055||00440056||00441309|
|70.||TV or Radio programme production||00440286||00440287||00440288||00441398|
Construction services in respect of commercial or industrial buildings and civil structures.
|72.||Travel agents (other than air/rail travel agents).||00440294||00440295||00440296||00441400|
|73.||Transport of goods by Road.||00440262||00440263||00440264||00441392|
Transport of goods through the pipeline or other conduit.
Site formation and clearance, excavation and earthmoving and demolition services, other than those provided to agriculture, irrigation and watershed development.
Dredging service of a river, port, harbour, backwater or estuary.
Survey and map making other than those by Government departments.
Cleaning services other than in relation to agriculture, horticulture, animal husbandry or dairying.
Membership of club or association with specified exclusions.
|81.||Mailing list compilation and mailing.||00440330||00440331||00440332||00441437|
Construction of residential complexes having more than twelve residential houses or apartments together with common areas and other appurtenances.
|Service provided by a Registrar to an issue.||00440338||00440339||00440340||00441439|
|84.||Service provided by a Share Transfer Agent.||00440342||00440343||00440344||00441440|
Automated Teller Machine Operations, Maintenance or management.
|86.||Service provided by a recovery agent.||00440350||00440351||00440352||00441442|
Sale of space or time for advertisement, other than in print media.
Sponsorship services provided to any body corporate or firm, other than sponsorship of sports events.
Transport of passengers embarking on international journey by air, other than economy class passengers
Transport of goods in containers by rail by any person, other than Government Railway.
|91.||Business support services.||00440366||00440367||00440368||00441447|
Auctioneers service, other than an auction of property under directions or orders of a count of law or auction by the Central Government.
|93.||Public relations service.||00440374||00440375||00440376||00441449|
|94.||Ship Management services.||00440378||00440379||00440380||00441450|
|95.||Internet Telephony service.||00440382||00440383||00440384||00441451|
|96.||Transport of persons by cruise ship.||00440386||00440387||00440388||00441452|
Credit Card, debit card change card or other payment card related services.
|98.||Services provided by a telegraph authority in relation to telecommunication services.||00440398||00440399||00440400||00441454|
Services provided in relation to mining of mineral, oil or gas.
Services provided in relation to renting of immovable property for use in course or furtherance of business or commerce.
|101.||Services provided in relation to the execution of a works contract.||00440410||00440411||00440412||00441457|
Services provided in relation to development and supply of content for use in telecom services, advertising agency services and on-line information and database assess or retrieval services.
Services provided by any person, except a banking company or a financial institution including a non-banking financial company or any other body corporate or commercial concern, in relation to asset management including portfolio management and all forms of fund management.
|104.||Service provided in relation to design services.||00440422||00440423||00440424||00441460|
Services provided by any person in relation to information technology software for use in the course, or furtherance, of business or commerce.
Services provided by an insurer on life insurance business, about the management of investment, under unit linked insurance business, commonly known as Unit Linked Insurance Plan (ULIP) scheme.
Services provided by a recognized stock exchange in relation to assisting, regulating or controlling the business of buying, selling or dealing in securities and includes services provided in relation to trading, processing, clearing and settlement of transactions in securities.
Services provided by a recognized/registered association in relation to assisting, regulating or controlling the business of the sale or purchase of any goods or onward contracts and includes services provided in relation to trading, processing, clearing and settlement of transactions in goods or forward contracts.
Services provided by a processing and clearing house in relation to processing, clearing and settlement of transactions in securities, goods or forward contracts including any other matter incidental to, or connected with, such securities, goods and forward contracts.
Services provided by any person in relation to the supply of tangible goods including machinery, equipment and appliances for use, without transferring the right of the procession and effective control of such machinery, equipment and appliances.
|111.||Cosmetic Surgery or Plastic Surgery Service.||00440460||00440463||00440466||00441467|
Transport of Coastal Goods, Goods through National Waterway or Goods through Inland Water.
|113.||Legal Consultancy Service.||00440480||00440483||00440486||00441469|
Services of promoting, marketing or organizing of games of chance, including Lotto, Bingo or lottery.
|115.||Health services like:
Services provided maintenance of medical records of employees business entity.
Services of promoting a ‘brand’ of goods, events, services, business entity, etc.
Services of permitting commercial use or exploitation of any event organized by a person or organization.
|119.||Services provided by Electricity Exchange.||00440610||00440611||00440612||00441475|
|120.||Services related to:
Special services provided by a builder etc., to the prospective buyers such as providing preferential location or external or internal development of complexes on extra charges.
Services of Air-conditioned restaurants having the license to serve alcoholic beverages in relation to service of food or beverages.
Services of providing of accommodation in hotels/ guest houses/ inns/ cubs/ campsite for a continuous period of less than 3 months.
Service Tax Accounting Code for Education Cess
|S.No.||Description||Tax collection||Other Receipts||Deduct refunds||Penalties|
|1.||Primary Education Cess||0044298||00440299||00440300||00441486|
|2.||Secondary & Higher Education Cess||00440426||00440427||00440428||00441487|
Accounting Codes of Service Tax for All Taxable Services
|S.No.||Description||Tax collection||Other Receipts||Deduct refunds||Penalties|
All Taxable Services (registrations obtained under this description should be amended online by selecting appropriate descriptions from the list of 120 descriptions given in this Annexure)
Service Tax Accounting Code for Swachh Bharat Cess
|Swachh Bharat Cess||Tax Collection||Other Receipts (Interest)||Penalties||Deduct-Refunds|
Views can also check the Related FAQ’s based on Swachh Bharat Cess by clicking on the link below
Service Tax Accounting Code for Krishi Kalyan Cess
Check out the Krishi Kalyan Cess Accounting code in the following section. The service tax account code for Krishi Kalyan Cess are listed below.
|Krishi Kalyan Cess
|Tax Collection||Other Receipts (Interest)||Penalties||Deduct-Refunds|