9911796707
TMI BlogEASIEST e-payment - RegardingX X X X Extracts X X X X X X X X Extracts X X X X ..... action. It was, however, observed that in these transactions the validations were not done for a number of crucial and critical fields resulting in incomplete and inaccurate data. To overcome these defects and improve the quality of data, it was decided that all the non-financial validations such as assessee code, location code and accounting codes would be carried out at NSDL's website and thereafter the assessee would proceed to the authorised bank's website from a secure link provided from NSDL website. The Reserve Bank of India has already issued instructions to this effect to all the banks in August 2008 (copy enclosed) and the banks were to complete the testing and go live in November 2008. As of now, 14 banks have completed the tes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt' option. The following steps will be required to be taken by the taxpayer : 1. To pay Excise Duty and Service Tax online, the Assessee has to enter the 15 digit Assessee Code allotted by the jurisdictional Commissionerate. 2. There will be an online check on the validity of the Assessee Code entered. 3. If the Assessee code is valid, then corresponding assessee details like Name, Address, Commissionerate code etc. as present in the Assessee Code Master will be displayed. 4. Based on the Assessee Code, the duty/tax i.e. Excise duty or Service tax to be paid will be automatically selected. 5. The Assessee is required to select the type of duty/tax to be paid by clicking on the button "Select Accounting Codes for Excise" or "Sele ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has been made. Role of NSDL NSDL has provided the data screen for entry of challan details and are validating the assessee code against the Assessee code master. It provides a secure link from its website to the website of different banks. Role of Banks 1. Banks are authorized for collection of Central Excise duty and Service tax Commissionerate wise. All banks may not be authorized for collection of Central Excise duty and Service tax for all Commissionerates. At the NSDL website any registered assessee of any Commissionerate can enter the non-financial details and thereafter select any bank. 2. If the bank is authorized for collection for that Commissionerate it will allow the assessee to complete the transaction (enter fin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxpayer on the action to be taken in case the electronic challan counterfoil is misplaced or the taxpayer is not able to generate or save the electronic challan counterfoil, c. procedure for re-generation of counterfoil and d. contact particulars viz; e-mail id and telephone no. for resolution of grievances with regard to e-payment. Only those banks whose designated branches for internet collection of Service tax and Central Excise have been authorized by the PrCCA/RBI will be enabled by NSDL to provide this facility to the assessee. Excise or Service tax payment done through ICICI Bank, HDFC Bank and Axis Bank can be done by assessees for select Commissionerates only. For all other banks authorized for collection of Excise duty or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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