"e-Payment of Central Excise & Service Tax" - Central Excise - TN 15/2005

Trade Notice 15/2005 - CE SUB: "e-Payment of Central Excise Service Tax" The Trade is hereby informed that the e-Payment facility for Central Excise and Service Tax through the internet portals was inaugurated by the Finance Minister on 11 th May; 2005. The main advantages to the Central Excise and Service Tax payers in this facility are following: - (i) Ease of operation and convenience (ii) Availability of the facility is on 24 x 7 basis (iii) On-line filing of challan and payment of taxes (no more queues and waiting) (iv) Instant Cyber Receipts for payment made (v) Challans delivered at doorstep, and (vi) Service is free of charge 2. This facility is beneficial to the tax payers. The Central Excise and Service Tax assessees in general and the assessees paying annual PLA revenue of more than rupees one crore in particular should come forward to avail the facility of e-Payment saving time and man-hours of approaching the Bank Branch physically. 3. The 5 banks i.e., Union Bank of India, ICICI Bank, IDBI Bank, HDFC Bank and UTI Bank have started offering the e-Payment facility as of now. Names of other banks will be intimated as soon as they start offering the e-Payment facility. 4. The Internet banking option provided by the banks for payment of Central Excise and Service Tax mainly consists of the following system requirements, methodology and work flow:- Solution is available to:- - · Customer of any of the Core Banking branches of the bank · A taxpayer who poses PAN based 15 digit Assessee Code · Customers having registration with the bank opting for e-payment · Customer having Banks' Internet banking ID. Payment timing:- - · This is a 24 x 7 facility and as such, customers can make the payment any time of the day · All payments effected upto 8 pm will be accounted for the day itself and all payments effected after 8 pm will be accounted as next working day's receipt. Area of Coverage:- · Facility is available to the Central Excise and Service Tax assesses registered with Central Excise department and for the Commissionerates for which the bank is authorized to collect Indirect Tax revenue. Advantages:- · Ease of operation and convenience · Facility is available on 24 x 7 basis · One can pay on behalf of the firm, company and others · On-line payment of taxes ( No more queues and waiting) · Filing of single challan form · Selection of appropriate tax-type from drop-down menu · Instant Cyber Receipts for the payment made · Receipted copy of challans delivered at doorstep WORK FLOW:- · Taxpayer logs on to the bank's web site · The bank's site allows the taxpayer to enter into the secure banking area after verifying the user ID and password provided to the taxpayer by the bank · Once in the secure banking area of the bank, the tax payer can select the 'Pay Tax' menu which will further offer option to select various taxes he can pay online · Once opted for CBEC (Indirect Tax), the taxpayer is guided to the challan form for filling up the details · There will be an on-line validation for Assessee Code, Location Code, Account Head against the masters provided to the bank from the concerned Pay Accounts Office. The validation is mandatory and only successful entrants will be allowed to proceed further · Banks will obtain and keep only such Assessee Codes, in their master, which belongs to the assessee who falls under the Commissionerates for which the bank is authorized to collect Indirect Tax revenue. This will ensure that the bank is not collecting and accounting indirect tax revenue for a Commissionerate for which it is not authorized · On successful validation of the details in the challan format, the taxpayer is guided to a 'make payment screen' showing the payment details filled in by the taxpayer on the challan format · The taxpayer gets an option to "Continue" or "Cancel" · On selecting "Cancel", the taxpayer goes back to the bank's main web-pages · On selecting "Continue", the taxpayer is prompt for entering his user ID and password to enter into the bank's e-transaction module · This screen further leads the tax payer to the page describing his account details with the bank · Taxpayer selects the account to be debited · Authorize the payment transaction · On successful payment transaction, the account of the taxpayer gets debited and taxpayer gets a unique system generated payment confirmation number · The concerned Focal Point Bank prints the challan and include in the scroll on a day-to-day basis and forward to the concerned PAO and, to the Range Officer as per the existing procedure and ensures two copies of the challan is delivered to the taxpayer · Fund transaction and settlement with Government will be the exclusive responsibility of the bank as per the existing procedure. 5. All trade associations are requested to give wide publicity to the contents of this Trade Notice amongst their members /constituents. 6. Hindi version will follow. (RAJENDRA PRAKASH) COMMISSIONER Authority: CCU's C.No. CCU(DZ)CX/Rev/Comp (e-Payment)/39/05/4133 Dated 19.5.2005