TMI BlogElectronic Payment of Service TaxX X X X Extracts X X X X X X X X Extracts X X X X ..... e with Government's policy to increasingly use information technology to improve the operational efficiency of collection of taxes and to reduce the transaction cost, Government has made electronic mode of payment of service tax obligatory for high value service tax payers. Electronic payment of service tax is a simple, transparent, efficient and economic way of payment of tax. This will reduc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ers and the officers of the Principal Chief Controller of Accounts. Though it is mandatory for certain category of service tax assessees to make payment of service tax electronically with effect from 1.10.2006, other service tax assessees who are below the threshold limit are also being encouraged to make payment of service tax electronically. For details Click here for Notification No. 27/20 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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