{"id":501,"date":"2016-07-05T10:07:31","date_gmt":"2016-07-05T04:37:31","guid":{"rendered":"http:\/\/financialfunda.com\/?p=501"},"modified":"2023-01-24T22:01:29","modified_gmt":"2023-01-24T16:31:29","slug":"accounting-code-payment-kkc","status":"publish","type":"post","link":"https:\/\/cacube.in\/?p=501","title":{"rendered":"Accounting code for payment of KKC"},"content":{"rendered":"<h4><span style=\"text-decoration: underline;\">Accounting code for payment of KKC notified by CBEC<\/span><\/h4>\n<p>The CBEC vide&nbsp;Circular No. 194\/04\/2016-ST dt. 26 May 2016 has notified \u201cAccounting code for payment of KKC\u201d by the assessees, as under:<\/p>\n<p>Chapter VI of the Finance Act, 2015 is effective from 1st June, 2016, i.e. KKC is leviable on all taxable services, other than services which are fully exempt from Service Tax or services which are otherwise not liable to Service Tax under section 66B of the Finance Act, 1994, at the rate of 0.5%.&nbsp;Accordingly, accounting codes have also been allotted by the Office of the Controller General of Accounts for the new Minor Head \u201c507-Krishi Kalyan Cess\u201d and new Sub-heads, for payment of KKC, as under:<\/p>\n<p><strong>Krishi Kalyan Cess (Minor Head) :&nbsp;0044-00-507<\/strong><\/p>\n<p><strong>Tax Collection :&nbsp;00441509<\/strong><\/p>\n<p><strong>Other Receipts (Interest) :&nbsp;00441510<\/strong><\/p>\n<p><strong>Deduct Refunds :&nbsp;00441511<\/strong><\/p>\n<p><strong>Penalties : 00441512<\/strong><\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/drive.google.com\/file\/d\/0B7jFZFmkyLjyMUxzRGdPR25zV00\/preview\" width=\"640\" height=\"480\"><\/iframe><br \/>\n[su_button url=&#8221;https:\/\/drive.google.com\/open?id=0B7jFZFmkyLjyRnpRMUNORkpkTmM&#8221; target=&#8221;blank&#8221;]Click to download[\/su_button]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Accounting code for payment of KKC notified by CBEC The CBEC vide&nbsp;Circular No. 194\/04\/2016-ST dt. 26 May 2016 has notified \u201cAccounting code for payment of KKC\u201d by the assessees, as under: Chapter VI of the Finance Act, 2015 is effective from 1st June, 2016, i.e. KKC is leviable on all taxable services, other than services [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[5],"tags":[29],"class_list":["post-501","post","type-post","status-publish","format-standard","hentry","category-finance-taxation","tag-service-tax"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9X28M-85","_links":{"self":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=501"}],"version-history":[{"count":2,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/501\/revisions"}],"predecessor-version":[{"id":5175,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/501\/revisions\/5175"}],"wp:attachment":[{"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}