TRADE NOTICE NO. 36/2001

Dated:

11-5-2001

 

 

Subject:-

 

Ref:-

Accounting of collection on Account  "National Calamity Contingent Duty" - Regarding.

Office Memorandum No. Coord/13-6/98/Vol.IV/894 dated 11-4-2001 of the Principle Chief Controller of Accounts.

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 A new levy called " National Calamity Contingent Duty" has been imposed on certain tobacco products. Pending opening of New Heads of Accounts which is likely to take time, the Principle Chief Controller of Accounts has suggested that the new levy being deposited by assessee may be accounted present under the Sub head/ Minor Head of Accounts " Receipt Awaiting Transfer to the other minor head etc." under Major Head 037 - Customs/0038-U.E.D. The relevant reduced Accounting code Numbers are 00370034-Customs and 00380086(U.E.D). The amount kept under RAT could be transferred to the New Head of Accounts as and when opened C.G.A's office.

                                                                                       Sd/-

                                                                                (K. UMESH)

                                                          ADDITIONAL COMMISSIONER(P&V)

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