Mandatory e-payment of Central Excise and Service Tax by large taxpayers : Interim accounting arrangement for e-payment collection

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..... 002. Trade Notice No. 44 / 2008 Date : 11.09.2008. Service Tax No. 17 /2008 Sub:- Mandatory e-payment of Central Excise and Service Tax by large taxpayers : Interim accounting arrangement for e-payment collection. Reserve Bank of India has decided in consultation with Central Board of Excise Customs to authorise IDBI Bank to collect Central Excise Duties and Service Tax .....

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..... ttlement with Reserve Bank of India will be as per the existing procedure (Commissionerate-wise and Major Head-wise) 2. The above arrangements will be effective from 1 st August, 2008 . 3. This may be brought to the notice of all constituent members of your trade associations. (Authority: Pr. Chief Controller of Accounts, CBEC, New Delhi letter No.Coord II/9-7/M.Banking/108 dated 01 .....

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