Secondary & Higher Education Cess – no accounting head yet
The Principal Chief Controller of Accounts has clarified that the new Head of Accounts to book the SHE is yet to be opened. Pending finalization of new head of account, it has been decided that wherever collections is made manually, the amounts may be shown separately in the challans reflecting Education Cess and Secondary & Higher Education Cess. Against the amount shown as Secondary & Higher Education cess it may be mentioned that the Account code is yet to be allotted.
But why is the accounting code yet to be opened?
F.No. Coord/13-6/Head of A/c/06-07/Vol-VI/317 of the Office of the Principal Chief Controller of Accounts, CBEC