Adoption of yellow colour tr-6 challans for depositing service tax under major head "0044-service tax'-reg. - Service Tax - 17/11/96

Adoption of yellow colour tr-6 challans for depositing service tax under major head "0044-service tax'-reg. SERVICE TAX CIRCULAR NO 17/11/96 DATED 24-10-1996 Attention is drawn to Para 4.2.1 of the Manual for collection of Revenue and Payment of Refunds etc which provides for printing of challan forms in different colours for each indirect taxes to ensure easier segregation of forms and correct scrolling by Banks. At present, challan forms in distinguishing colours are used for each Major Head of Accounts. However, the Service Tax is deposited in Public Sector Banks by filling TR-6 Challan Form (white colour) applicable for "0038-Union Excise Duties". This causes confusion in the Banks, as separate scrolls are required to be prepared for each Head of Account A suggestion has been received from Principal Chief Controller of Accounts, C.B.E.C., New Delhi to change colour of the form of TR-6 Challan for "0044- Service Tax" to distinguish it From TR-6 Challans for "0038-Union Excise Duties". The matter has been examined by the Board. It has been decided that in order to minimize the chances of wrong classification of revenue and ensure proper segregation of challans and correct scrolling of receipts at the bank, yellow colour TR-6 Challans may be adopted for depositing service tax under Major Head of Account "0044-Service Tax" with effect from 1st December, 1996. The Challans shall be printed in accordance to Para 4.2.2 and 4.2.3 of Manual mentioned above. Trade notice may be issued to trade designated banks and field formations asking them to use yellow colour TR-6 challan for depositing service tax under Major Head of Account "0044-Service Tax"