E-PAYMENT INTRODUCTION - Service Tax Practice Manual / Ready Reckoner - Service Tax

e-Payment of Central Excise and Service Tax is an additional mode of payment in addition to the conventional methods offered by the banks to their customers. The process of e-Payment is devised to provide maximum convenience to taxpayers. The objective of the system is to facilitate anytime, anywhere payment and to provide the convenience of making online payment through Bank's Internet Banking Service. It provides immense advantage to the taxpayer, a few of them are: Ease of operation and convenience Facility available on 24 x 7 basis Extended time for making payment (up to 8 p.m.) No queue and waiting On line filling of single challan Minimum fields of the challan needs to be filled Selection of tax type from drop-down menu Instant Cyber receipt with banks transaction number Receipted copy of the challan delivered at doorstep ( Source : - The Principal Chief Controller of Accounts is Head of the Payment and Accounting Organisation in the Central Board for Excise and Customs.)