Saturday, September 1, 2007

NEW SYSTEM OF SERVICE TAX PAYMENT


on Saturday, September 1, 2007

Like Income tax/Fbt Central board of excise & custom(CBEC) has started new single page challan to deposit central excise or service tax named as GAR 7/TR-6 from 01.04.07 onwards.


Electronic Accounting System In Excise and Service Tax(EASIEST)


The EASIEST is the system for electronic transmission of challan data from Banks in respect of Central Excise and Service Tax payments. It envisages that a single GAR 7 challan would be used for payment of Central Excise and Service Tax instead of the earlier four challans. The salient features of the EASIEST scheme are:



1.The collecting branch captures information in the challan including a 15-character assessee code and a unique Challan Identification Number (CIN)(20digit)which is a combination of the: -----BSR code of the collecting bank branch(seven digit)
---challan tender date (eight digit)

---challan serial number. (five digit)


2. Single page challan form instead of earlier 4 page.


3. Payment can be verified online form dept/nsdl website




Fillable challan GAR-7 can be downloaded from link given below in pdf format.
BEFORE DOWNLOAD USE PREPRINTED FORM GIVEN BELOW


GAR-7 FOR EXCISE (FRONT)(625KB)

BACK(INSTRUCTION)



GAR-7 FOR SERVICE TAX (FRONT) (625KB)

GAR-7 BACK (INSTRUCTIONS)

Download GAR-7 in excel form(new with accounting code)

INSTRUCTION TO FILL THE FORMS

1. Name, Address, 15 digit Assessee Code, Commissionerate Name and 8 digit Accounting code is mandatory.
New & Final accounting code for higher secondary cess (from 10/10/2007) been issued ,read here


OLD accounting code for higher secondary cess for Your Ready refence
service tax :00440252
excise :00380086
custom :00370034


2. The Accounting codes for Tax and Interest/Penalty for each service is provided in the table


3. The total amount tendered should be written both in words and figures.

4. The details filled in the challan and ‘Taxpayer’s Counterfoil’ should be identical.

5. The Receiving Bank Branch Stamp should contain the following:
i) BSR code of the receiving Bank Branch (7 digits)
ii) Date of Deposit of Challan (DDMMYYYY) (8 digits)
iii) Challan Serial Number (5 digits)



Know Your Jurisdictional Office /Location Code


Based on State/District/Area Of Locality of Central Excise

Based on State/Commissionerate/Division/Range


service tax registration (STC)no has 15 letters.

first 10letter (1-10) is same as of your pan .(pan is also 10 letter )
11-12 letter are "ST" in all the service tax number.
13-15 is Sr no to all the sub office or location under one pan.
if you have only one office & applied your self only on your pan than your service tax number is

your 10 digit pan ,st,001.
suppose your pan is ABCDE1234F than your service tax number will be
ABCDE1234FST001



If you don't know your 15 digit code than you can check it from link given below from deptt database online by giving your PAN


KNOW YOUR SERVICE/EXCISE REGISTRATION NUMBER (CLICK THIS LINK)

If you don't know your 15 digit code than you can check it from link given ABOVE by giving your PAN
latest accounting codes



OTHER ARTICLES ON SERVICE TAX
Procedural issues in Service Tax (NEW)(ALL OLD CIRCULAR WITHDRAWN)

GET ONE DAY GRACE ,PAY SERVICE TAX ELECTRONICLY(online)

NEW SERVICE TAX CODING,ALL OLD CIRCULARS,CLARIFICATIONS W
ITHDRAWN

KNOW YOUR SERVICE TAX CODE

KNOW YOUR SERVICE/EXCISE DEPOSITED


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