Opening Heads of Account for accounting of GST
Government of West Bengal
Finance Department
Budget Branch
Nabanna, Howrah
No. 411-FB Dated: 23rd June, 2017
Notification
Government of India is going to introduce The Goods and Services Tax (GST) nationwide with effect from 1st July, 2017.
In such circumstances, I am directed by the order of the Governor to open the following Heads of Account in the Receipt Side of Consolidated Fund and the Public Account for accounting of the GST –
- In the Receipt Side of Consolidated Fund:
| Sl. No | Head of Account |
| 1 | 0005-Central Goods and Services Tax (CGST)-00-500-Receipts Awaiting Transfer To Other Minor Heads- 001-Receipts Awaiting Transfer-49-Receipt/ Adjustment |
| 2 | 0005-Central Goods and Services Tax (CGST)-00-500-Receipts Awaiting Transfer To Other Minor Heads- 001-Receipts Awaiting Transfer-50-Payment/ Adjustment |
| 3 | 0005-Central Goods and Services Tax (CGST)-00-901-Share of Net Proceeds Assigned to States-001-Share of Central Goods and Services Tax (CGST)-01-Share of Central Taxes/Duties |
| 4 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-001-Collections-03-Taxes |
| 5 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-38-Excess due to mistake/ inadvertence |
| 6 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-39-Exports |
| 7 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-40-Deemed Export |
| 8 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-41-Provisional Assessment |
| 9 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-42-Pre-deposit for filling appeal |
| 10 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-43-Refund or Duty Paid During Investigation |
| 11 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-44-Purchases made by embassies |
| 12 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-45-Refund of Accumulated credit due to Inverted duty structure |
| 13 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-46-Year End or Volume Based Incentives |
| 14 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-47-Tax Refund for International Tourists |
| 15 | 0006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-48-Others |
| 16 | 0006-State Goods and Services Tax (SGST)-00-102-Interest-001-Collections-07-Interest |
| 17 | 0006-State Goods and Services Tax (SGST)-00-102-Interest-002-Deduct Refund-20-Refund |
| 18 | 0006-State Goods and Services Tax (SGST)-00-103-Penalty-001-Collections-06- Fines /Forfeitures/ Penalties/ Confiscation |
| 19 | 0006-State Goods and Services Tax (SGST)-00-103-Penalty-002-Deduct Refund-20-Refund |
| 20 | 0006-State Goods and Services Tax (SGST)-00-104-Fees-001-Collections-16-Other Fees |
| 21 | 0006-State Goods and Services Tax (SGST)-00-104-Fees-002-Deduct Refund-20-Refund |
| 22 | 0006-State Goods and Services Tax (SGST)-00-105-Input Tax Credit Cross Utilisation of SGST and IGST- 001-Transfer-in from IGST-03-Taxes |
| 23 | 0006-State Goods and Services Tax (SGST)-00-105-Input Tax Credit Cross Utilisation of SGST and IGST- 002-Transfer out to IGST-03-Taxes |
| 24 | 0006-State Goods and Services Tax (SGST)-00-106-Apportionment of IGST -Transfer-in of Tax Component to SGST-001-Apportionment and Transfer of Tax Component-03-Taxes |
| 25 | 0006-State Goods and Services Tax (SGST)-00-107-Apportionment of IGST -Transfer-in of Interest Component to SGST-001-Apportionment and Transfer of Interest Component-07-Interest |
| 26 | 0006-State Goods and Services Tax (SGST)-00-108-Apportionment of IGST -Transfer-in of Penalty Component to SGST-001-Apportionment and Transfer of Penalty Component-06- Fines /Forfeitures/ Penalties/ Confiscation |
| 27 | 0006-State Goods and Services Tax (SGST)-00-109-Sale Proceeds of Confiscated Goods-001-Sale Proceeds of Confiscated Goods-17-Sale Proceeds |
| 28 | 0006-State Goods and Services Tax (SGST)-00-109-Sale Proceeds of Confiscated Goods-002-Fees, Fines and Penalties-06-Fines /Forfeitures/ Penalties/ Confiscation |
| 29 | 0006-State Goods and Services Tax (SGST)-00-500-Receipts Awaiting Transfer to other Minor Heads-001- Receipts Awaiting Transfer-49-Receipt/ Adjustment |
| 30 | 0006-State Goods and Services Tax (SGST)-00-500-Receipts Awaiting Transfer to other Minor Heads-001- Receipts Awaiting Transfer-50-Payment/ Adjustment |
| 31 | 0006-State Goods and Services Tax (SGST)-00-800-0ther Receipts-001-Collections-27-Other Receipts |
| 32 | 0006-State Goods and Services Tax (SGST)-00-800-0ther Receipts-002-Deduct Refunds-20-Refund |
| 33 | 0008-Integrated Goods and Services Tax (IGST)-00-500-Receipts Awaiting Transfer To Other Minor Heads- 001-Receipts Awaiting Transfer-49-Receipt/ Adjustment |
| 34 | 0008-Integrated Goods and Services Tax (IGST)-00-500-Receipts Awaiting Transfer To Other Minor Heads- 001-Receipts Awaiting Transfer-50-Payment/ Adjustment |
| 35 | 0008-Integrated Goods and Services Tax (IGST)-00-901-Share of Net Proceeds Assigned to States-001-Share of Integrated Goods and Services Tax (IGST)-01-Share of Central Taxes/Duties |
- In the Public Account:
| Sl. No | Head of Account |
| 1 | 8658- Suspense Accounts-00-139-Settlement with RBI for GST Receipt-001- Adjustment with Collecting Banks-20- Receipt/ Adjustment |
| 2 | 8658- Suspense Accounts-00-139-Settlement with RBI for GST Receipt-001- Adjustment with Collecting Banks-21- Payment/ Adjustment |
This has approval of Accountant General (A & E), West Bengal, Indian Audit & Accounts Department vide No. A.M.-I/3-79/GSTII/277 dated 23/06/2017 and
Finance (Budget) Department vide U. O. No. 0648 dated 23/06/2017.
Sd/- H.K. Dwivedi
Principal Secretary to the
Government of West Bengal
Finance Department