E-payment of Service tax — Authorisation of bank for collection of tax - Service Tax - 06/2007

Commissioner of Central Excise Customs, Raipur Trade Notice No. 6/2007-S.T. dated 15-6-2007 With the introduction of mandatory e-payment of service tax for high-value Service taxpayers, the Principal Chief Controller of Accounts, C.B.E.C., New Delhi has proposed the accounting arrangement for e-payments. In this context attention is invited to the Trade Notice Nos. 7/2006, dated 6-11-2006, 1/2007, dated 3-1-2007 and 2/2007, dated 23-3-2007 issued by this Commissione-rate stipulating therein the accounting arrangement of e-payment. Vide aforesaid Trade Notices, the list of following banks nominated for offering such e-payment was also circulated : State Bank of India and Associates, Bank of India, Bank of Baroda, Bank of Maharashtra, Canara Bank, Corporation Bank, Indian Bank, Indian Overseas Bank, Punjab National Bank, Syndicate Bank, United Bank of India, Union Bank of India, Vijaya Bank, DENA Bank and UCO Bank . 2. The Controller General of Accounts has since approved Allahabad Bank also to accept e-payment for collection of indirect taxes through electronic mode. Hence Allahabad Bank is also nominated to accept e-payments for all Central Excise and Service Tax Commissionerates without the restriction of Commissionerate-wise authorization. 3. All the Trade Associations/Chamber of Commerce are requested to bring the contents of this trade notice to the knowledge of the members and other concerned immediately.