Authorised banks for E-Payment of Service tax by Large Taxpayers - Service Tax - Trade Notice No. 11/2007

Commissioner of Service Tax, Chennai Trade Notice No. 11/2007-S.T. dated 30-3-2007 E-payment has been made mandatory for assessees who have paid ₹ 50 lakhs or more in the previous year or in the current financial year ( Notification No. 27/2006 dated 21-9-2006 - Ann. I ), including Cenvat utilization ( Circular No. 88/06/2006-ST dated 6-11-2006 - Ann II ). The pre-requisites for making e-payment, procedure for payment, mode of receipts for e-payments etc., are enclosed in Ann. III. The list of Banks authorized to collect Service tax electronically through internet is given in the Annexure IV. (Sl. Nos. 1 to 22, 24 to 26 - for Chennai Service Tax Commissionerate). All the Trade Associations are requested to bring the contents of the Trade Notice to the attention of their members in particular, and the Trade and all others concerned in general. Annexure IV List of 26 Banks authorized to collect Central Excise duties and Service tax electronically through internet banking is below :- Sl. No. Name of Bank Name of Central Excise/Service Tax Commissionerate for which the Bank is authorised to collect Revenue through e-Payment 1 Union Bank of India All Commissionerates 2 State Bank of India All Commissionerates 3 Punjab National Bank All Commissionerates 4 Indian Overseas Bank All Commissionerates 5 State Bank of Tranvancore All Commissionerates 6 Bank of India All Commissionerates 7 Corporation Bank All Commissionerates 8 State Bank of Saurashtra All Commissionerates 9 Indian Bank All Commissionerates 10 State Bank of Patiala All Commissionerates 11 State Bank of Hyderabad All Commissionerates 12 Syndicate Bank All Commissionerates 13 State Bank of Bikaner Jaipur All Commissionerates 14 Vijay Bank All Commissionerates 15 State Bank of Indore All Commissionerates 16 Bank of Maharastra All Commissionerates 17 Canara Bank All Commissionerates 18 State Bank of Mysore All Commissionerates 19 United Bank of India All Commissionerates 20 Bank of Baroda All Commissionerates 21 UCO Bank All Commissionerates 22 Dena Bank All Commissionerates 23 UTI Bank All Commissionerates at Delhi, Bangalore, Hyderabad, Mumbai 24 ICICI Bank All Commissionerates at Delhi, Bangalore, Kolkata, Mumbai 25 HDFC Bank All Commissionerates at Delhi, Bangalore, Kolkata, Mumbai 26 IDBI Bank All Commissionerates at Delhi, Chennai, Kolkata, Mumbai