Is HSN code for goods or accounting code for service relevant for payment of tax

The format of challan does not contain column to disclose the HSN code or the accounting code, therefore, it is not relevant for payment of tax.

9ICAI FAQ PUBLICATIONS 06-09-2017 TAX PAYMENTS, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 31)

Leave a Reply

Your email address will not be published. Required fields are marked *