Subject : Accounting of collection of “Education Cess”. - Service Tax - Coord/..98-99/Vol. IV/295

Education Cess Accounting codes Pr. Chief Controller of Accounts, C.B.E. C., Office Memorandum No. Coord/13-6/98-99/Vol. IV/295, dated 6-12-2004 Government of India Pr. Chief Controller of Accounts, C.B.E. C. Subject : Accounting of collection of "Education Cess". Reference is invited to this office O.M. Nos. Coord/13-6/98-99/Vol. IV/125 dt. 22-7-2004 [2004 (170) E.L.T. T17] and Coord/13-6/98-99/Vol. IV/213 dt. 17-9-2004 on the subject cited above advising all the PAOs that pending opening of new Heads of Accounts the new levy on account of "Education Cess" deposited by the assessees may be accounted for under the Sub Head/Minor Head of Accounts "Receipt Awaiting Transfer to the other Minor Head etc." under the Major Head "0037-Customs/0038-U.E.D/0044-Service Tax" and the amount kept under RAT could be transferred to the new Heads of Accounts as and when opened by GGA's office. Controller General of Accounts had approved operation of new Minor Head "504-Education Cess" under the Major Head 0037-Customs, 0038-Union Excise Duties/03 Non-shareable Duties and 0044-Service Tax, provisionally. Numeric Codes, Serial Code and SCCD Code are given below : Numeric Code Sl. Code SCCD Code 1. 0037 003700504 Customs Education Cess 00370066 110 2. 0038 003803 003803504 Union Excise Duty Non Shareable Duties Education Cess 00380111 116 3. 0044 004400504 Service Tax Education Cess 00440297 112 Eight digit Serial Code for the new Heads of Accounts now opened may kindly be intimated to the Commissioners Central Excise and Customs under your accounting jurisdiction advising them to issue a Trade Notice for the benefit of assessees. Action may also be taken for transfer of amount lying under "RAT" to the new Heads of Accounts as mentioned above.