Opening Heads of Account for accounting of GST

Open the following Heads of Account in the Receipt Side of Consolidated Fund and the Public Account for accounting of the 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. NoHead of Account
10005-Central Goods and Services Tax (CGST)-00-500-Receipts Awaiting Transfer To Other Minor Heads- 001-Receipts Awaiting Transfer-49-Receipt/ Adjustment
20005-Central Goods and Services Tax (CGST)-00-500-Receipts Awaiting Transfer To Other Minor Heads- 001-Receipts Awaiting Transfer-50-Payment/ Adjustment
30005-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
40006-State Goods and Services Tax (SGST)-00-101-Tax-001-Collections-03-Taxes
50006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-38-Excess due to mistake/ inadvertence
60006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-39-Exports
70006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-40-Deemed Export
80006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-41-Provisional Assessment
90006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-42-Pre-deposit for filling appeal
100006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-43-Refund or Duty Paid During Investigation
110006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-44-Purchases made by embassies
120006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-45-Refund of Accumulated credit due to Inverted duty structure
130006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-46-Year End or Volume Based Incentives
140006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-47-Tax Refund for International Tourists
150006-State Goods and Services Tax (SGST)-00-101-Tax-002-Deduct Refunds-48-Others
160006-State Goods and Services Tax (SGST)-00-102-Interest-001-Collections-07-Interest
170006-State Goods and Services Tax (SGST)-00-102-Interest-002-Deduct Refund-20-Refund
180006-State Goods and Services Tax (SGST)-00-103-Penalty-001-Collections-06- Fines /Forfeitures/ Penalties/ Confiscation
190006-State Goods and Services Tax (SGST)-00-103-Penalty-002-Deduct Refund-20-Refund
200006-State Goods and Services Tax (SGST)-00-104-Fees-001-Collections-16-Other Fees
210006-State Goods and Services Tax (SGST)-00-104-Fees-002-Deduct Refund-20-Refund
220006-State Goods and Services Tax (SGST)-00-105-Input Tax Credit Cross Utilisation of SGST and IGST- 001-Transfer-in from IGST-03-Taxes
230006-State Goods and Services Tax (SGST)-00-105-Input Tax Credit Cross Utilisation of SGST and IGST- 002-Transfer out to IGST-03-Taxes
240006-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
250006-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
260006-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
270006-State Goods and Services Tax (SGST)-00-109-Sale Proceeds of Confiscated Goods-001-Sale Proceeds of Confiscated Goods-17-Sale Proceeds
280006-State Goods and Services Tax (SGST)-00-109-Sale Proceeds of Confiscated Goods-002-Fees, Fines and Penalties-06-Fines /Forfeitures/ Penalties/ Confiscation
290006-State Goods and Services Tax (SGST)-00-500-Receipts Awaiting Transfer to other Minor Heads-001- Receipts Awaiting Transfer-49-Receipt/ Adjustment
300006-State Goods and Services Tax (SGST)-00-500-Receipts Awaiting Transfer to other Minor Heads-001- Receipts Awaiting Transfer-50-Payment/ Adjustment
310006-State Goods and Services Tax (SGST)-00-800-0ther Receipts-001-Collections-27-Other Receipts
320006-State Goods and Services Tax (SGST)-00-800-0ther Receipts-002-Deduct Refunds-20-Refund
330008-Integrated Goods and Services Tax (IGST)-00-500-Receipts Awaiting Transfer To Other Minor Heads- 001-Receipts Awaiting Transfer-49-Receipt/ Adjustment
340008-Integrated Goods and Services Tax (IGST)-00-500-Receipts Awaiting Transfer To Other Minor Heads- 001-Receipts Awaiting Transfer-50-Payment/ Adjustment
350008-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. NoHead of Account
18658- Suspense Accounts-00-139-Settlement with RBI for GST Receipt-001- Adjustment with Collecting Banks-20- Receipt/ Adjustment
28658- 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

No. 411-FB dated 23.06.2017, Source

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