TMI BlogMandatory of E-Payment of C. Excise duty by assessees, who have paid duty of Rs. 50 lakhs or more in the preceding financial year - regX X X X Extracts X X X X X X X X Extracts X X X X ..... more in the preceding financial year - reg. Attention of the Trade and Industry is invited to Trade Notice No. 28/2005, issued under F. No. VGN(30)02/TA/05 dated 26-7-2005 regarding the e-Payment of Central Excise & Service Tax. 2. Further, attention is also drawn to the amendment to Rule 8 of Central Excise Rules, 2002 vide Notification No. 08/2007-C.E.(N.T.) dated 1-3- 2007, in the Finance Bil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... able to > Registered Central Excise/Service Tax Assessee who possesses the 15 digit PAN based Assessee Code. > Customer of any authorized bank which provide e-payment solution. > Customers having Banks' Internet banking ID. > Customers who have given the option for effecting Central Excise/Service Tax payment through the Internet with the authorized bank. C. Time of Payment > This is a 24x7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction number of the bank becomes available immediately. > On the next working day, two copies of Challans duly signed and stamped are made available to the taxpayer at the given address by the bank; one for the tax return and one for their records. F. Advantages to the customers > Ease of operation and convenience. > Facility is available 24x7. > No queue and waiting. > On line filling of si ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Bank of India 17 Canara Bank 07 Corporation Bank 18 State Bank of Mysore 08 State Bank of Saurashtra 19 United Bank of India 09 Indian Bank 20 Bank of Baroda 10 State Bank of Patiala 21 UCO Bank 11 State Bank of Hyderabad 22 Dena Bank 5. The details about the e-payment is also available on the following websites: http://exciseandservicetax.nic.in http://www.cbec.gov.in. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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