HOW TO PAY SERVICE/EXCISE TAX ONLINE ELECTRONIC

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Want freedom from restricted ‘banking hours’ and long queues for paying service tax?

Bank on ‘e-payment’ of service tax.

Just

Register yourself with one of the 24 Banks

offering e-payment facility

&

Pay your tax from anywhere, any time...

24 X 7

more over you can pay tax online up to 6th of next month/quarter as the case may me.



Advantages:

* Ease of operation and convenience,no challan required,online verification of service tax number

* Availability of the facility is on 24x7 basis

* On-line filling of challans and payment of taxes (No more queues and waiting)

* Instant Cyber Receipts for payment made

* Challans delivered at door step and

* Service is normally free of charge.


EASIEST e-payment(PROCEDURE)

     In the new system the assessee is required to access the NSDL-EASIEST website https://cbec.nsdl.com/EST/JSP/security/EasiestHomePage.jsp  and select the ‘e-payment’ 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 “Select Accounting Codes for Service Tax” depending on the type of duty / tax to be paid.
6.At a time the assessee can select upto six Accounting Codes.
7.Once the data is validated in the NSDL central system, a drop down menu will appear indicating the names of various banks offering internet payment facility. The Assessee can opt for any of these banks through which payment is to be made.
8.

On submission of data entered, a confirmation screen will be displayed. If the taxpayer confirms the data entered in the screen, it will be directed to the net-banking site of the bank selected.
9.

The challan details entered by the Assessee will be transmitted to the bank along with the location code (Commissionerate, division, range code) of the Assessee. ( Parameters that will be passed from NSDL to the Banks are enclosed)
10.

The taxpayer will login to the net-banking site with the user id/ password provided by the bank for net-banking purpose and enter payment details at the bank site.
11.

On successful payment, a challan counterfoil will be displayed containing CIN, payment details and bank name through which e-payment has been made. This counterfoil is proof of payment being made.
12.

The Assessee has an option to download the counterfoil from the website of the bank. This will contain all details available that are usually given in the hard copy of the computerized acknowledgement including Challan Identification Number (CIN) and name of the bank through which e-payment 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 financial details), else not.

3.       The website of participating banks will provide appropriate data entry screen for entry of payment details by the Assessee at their website in a secure mode.

4.       They will also ensure that on completion of the transaction, the Assessee is allotted a unique Challan Identification Number (CIN) comprising of BSR code of the Internet Collection branch, the date of receipt and serial number of the electronic challan in that branch on that day.

5.       The counterfoil displayed by the bank should be in line with the computerized acknowledgement generated in case of physical collection. (Instructions issued on this by the PrCCA, CBEC dated 11.01.2008 are enclosed). In addition, the counterfoil should also contain the transaction id, and the time of payment.

6.       Participating banks will ensure that on completion of the payment the Assessee is able to down load the taxpayer's counterfoil containing all the details presently being mentioned  on the hard copy of the  computerized acknowledgement. 

7.       The Banks will also print details of CIN and the transaction id in the customer's bank account statement/pass book so that the Assessee will have a permanent record of CIN details.

8.       Banks should provide facility for re-generation of electronic challan counterfoil on the basis of transaction id.

9.       Banks should prominently display the following on its web-site;

a.       detailed procedure for generation of electronic challan counterfoil,

b.       guidelines for the 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; email 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 PR.CCA / 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 assesses for select Commissionerates only. For all other banks authorized for collection of Excise duty or Service tax payment can be made for all Commissionerates.  

 

List of 27 Banks authorized to collect Central Excise duties and Service tax electronically through internet banking is below:

 

Sl.No.Name of BankName of Central Excise / Service Tax Commissionerate for which the Bank is authorised to collect Revenue through e-Payment
1.Union Bank of IndiaAll Commissionerates
2. State Bank of IndiaAll Commissionerates
3. Punjab National BankAll Commissionerates
4. Indian Overseas BankAll Commissionerates
5. State Bank of TravancoreAll Commissionerates
6. Bank of IndiaAll Commissionerates
7. Corporation BankAll Commissionerates
8. State Bank of SaurashtraAll Commissionerates
9. Indian BankAll Commissionerates
10. State Bank of PatialaAll Commissionerates
11. State Bank of HyderabadAll Commissionerates
12. Syndicate BankAll Commissionerates
13. State Bank of Bikaner& JaipurAll Commissionerates
14. Vijay BankAll Commissionerates
15. State Bank of IndoreAll Commissionerates
16. Bank of MaharastraAll Commissionerates
17. Canara BankAll Commissionerates
18. State Bank of MysoreAll Commissionerates
19. United Bank of IndiaAll Commissionerates
20. Bank of BarodaAll Commissionerates
21. UCO BankAll Commissionerates
22. Dena BankAll Commissionerates
23. UTI BankAll Commissionerates at Delhi, Bangalore, Hyderabad, Mumbai
24. ICICI BankAll Commissionerates at Delhi, Chennai, Hyderabad, Mumbai
25. HDFC BankAll Commissionerates at Delhi, Bangalore, Kolkata, Mumbai
26. IDBI BankAll Commissionerates
27. Oriental Bank of CommerceAll Commissionerates
 

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. SECURITIES (MNP) (TDS)2007-08 ` 01.07.12 01.09.2008 01.10.2012 06.07.2009 07.08.2012 1 PERCENT EXCISE ITEMS LIST 1 sep 1% excise 10 year nsc 10(10C) 1000 court cases judgements supplied to ITO 1000 rupee note 11-2008 11-2010 130 items 14.08.2008 15 august 150 Rs coin 15g 15h 18-12-2009 192(1A) 192A 194 I 194A 194c from 01.10.2009 194H 194j 194LC 1981-2007 2% cst 2% excise 2004 2008 2008-09 FY 2010 206AA 234A 234B 234C 234c interest calculator 234E 23AC 23ACA 23B 24C 24q annexure II 25 paisa coin 271(1)(c) 271B 271H 272B 27A 280 280 challan 281 282 283 29 AUGUST 29.04.2010. 29/08/2008 29/2008 service tax 2g meaning use 3 idiots 30 MARCH 31st March 32-2010 33 of 2009 35(2AA) 35(2AB) 3CD 3g meaning use 40(b) 43B 44 AB EXEMPTED INCOME 44AA 44AB AGRICULTURE 44AB new limit 44AB NON RESIDENT 44ad 46/2012 45/2012 49C 5 day week 5 years post office deposit 5/2011 50 paisa coin 54b 54EC 54ee 54f 54gb 5th paycommission punjab 6 % excise 6 crore advance limit 6/2005 69/2010 6th cpc 6TH PAY COMMISSION 70% of pan etds 7th Central Pay Commission 8 tips to save tax 80C 80ccc 80CCD 80cce 80CCF 80CCG 80d 80DDB 80EE 80G 80GG 80GGA 80GGB 80ggc 80tta 80U 85% of pan etds 86/2008 DATED 13-08-2008 87A rebate 89(1) 89(1) relief calculator 9.5 % rate for private epf 92E 95% of pan etds 98 dated 04/01/08 aadhaar aakash tablet aam admi aar Aayakar Sampark Kendra abatement abolished ACCOUNT PAYEE DRAFT Accounting ACCOUNTING CODE accounting code for services ACCOUNTING FOR GOVT GRANTS accounting standards ACES ADD IN Add-Ins additional relief in budget 2010 adjustment of advance FBT with advance Tax advance rullings advance salary ADVANCE TAX CALCULATOR advance tax challan ADVANCE TAX CUT OFF AMOUNT ADVANCE TAX DATES AFFIDAVIT AG Projects Technologies Ltd RT age 80 addition pension aibea wage revision aibea wage revision latest news aiboa aiboc aiboc wage revision AIG AIR airline ticket booking tds airlines all is well allowances allownces alphabet of inspiration alteration on check allowed alternate minimum tax AMENDED 3CD amendment in companies bill 2011 amendment in gratuity act 2010 amendment in registration service tax AMENDMENT IN SERVICE TAX ON RENT amendment to finance Bill 2010 AMNESTY SCHEME 2007 amt Anna Hazare anna hazzare bill vs govt lokpal bill appeal apply for new pan card against old pan card aqb arbitration arrears of salary arrears of sixth pay ARRERS TAX AS-12 ASBA assessee in default ASSESSMENT REOPENING ASSESSMENT YEAR 2008-09 REFUND atm atm 100 per day atm cash without card atm tips atm wrong debit audit cases itr filing audit limit enhanced Audit Questionaire AUDIT REPORT AUS VS IND.INDIA VS SL Automated teller machine AUTOMATION OF CENTRAL EXCISE AND SERVICE TAX ay 2010-11 bad debts Bank Bank account bank audit bank audit 2012 bank charges BANK SALARY bank strike 06/07/09 and 07/07/09 banking law amendment banknotes banks npa provisioning BARE ACT bare rules BASE RATE BY BANKS bcct BIMAL JAIN biometric pan card black and white form not acceptable black money BLOCK PERIOD blogging bobay refund BONUS bonus share book discount BOOK ON EFILING BOOK REVIEW books of accounts BOOMING INDIAN ECONOMY both House rent allowance both hra and house loan Brass Scrap BRIBE CASE BROKER BSE bsnl broadband bsnl broadband usage bsnl land line sms alert BSR CODES BUDGET 2009 budget 2010 budget 2010-11 budget 2011 BUDGET 2012 budget 2013 BUDGET 2014 BUDGET 2014 CONTEST budget expectations BUDGET HIGHLIGHTS budget live on computer budget live telecast budget notification budget on tv budget speech BUDGET SPEECH DOWNLOAD Budget-2014 Budget-2015 BUDGET-2016 BUDGET08 Business BUSINESS AND PROFESSION MEANING BUSINESS COVERED UNDER 44ab BUY HOUSE C FORM CA CAN ONLY AUDIT MVAT CA CLUB INDIA CA GIRISH AHUJA CA NITIN GUPTA CA PARDEEP JAIN CA ROHIT GUPTA ca services CA sudhir Halakhandi CA Swapnil Munot CA Vikas Khandelwal calculate arrear CALCULATE NEW PAY calculate your emi calculation of tax on salary arrears CALCULATOR CALCULATOR REVISED capital asset capital formation huf Capital gain capital gain account scheme 1988 CAPITAL GAIN INDEX capital gain on repayment of loan capital gain on tenancy rights capital goods capital revenue CAPITAL SUBSIDY CAR LOAN RATE INCREASE carry forward of losses in late return cas cash flow statement CASH PAYMENT DIS ALLOWANCE CASH PAYMENTS EXCEEDING 20000 CASH SUBSIDY cbdt cbec CBI ARRESTED centeral sales tax rate CENTRAL PAY COMMISSION CENTRAL PROCESSING CENTER CENTRALISED PROCESSING OF RETURNS Cenvat CENVAT Credit Rules cgas 1988 challan challan 281 CHALLAN 289 challan correction challan Form 17 CHALLAN STATUS INQUIRY change change in cst rate change in excise duty rates CHANGE IN PAN ADDRESS CHANGE IN PAN DATA change in tds rates in budget changes CHANGES IN SERVICE TAX ACT changes in new itr forms CHANGES IN TDS CHARGES ON CASH PAYMENT OF CREDIT CARD BILL charitable organisation check name from PAN check tds deducted online Cheque cheque bounce cheque payment before due date cheque tender date /realisation date Cheque Truncation CHEQUE VALIDITY child care leave CHILD DEPENDENT PREMIUM CHILD MARRIED PREMIUM child plan childeren name children education allownces chip based atm card cibil cibil for companies CII 2007-08 CII 2008-09 CII 2010 cii 2012-13 CII2011-12 cin CIRCULAR 3/2010 DT 2.03.2010 CIRCULAR 8-2010 CIT v. Emilio Ruiz Berdejo (2010) 320 ITR 190 (Bom.) cloning of atm card clubbing of income COLLECTION CHARGES COLOR SCHEME COMMISSION ON SMALL SAVINGS common error in 2009-10 common error in itr 4-5-6 compa companies bill 2012 COMPANIES RATE COMPANY BILL 2011 company deposit Company Law Settlement Scheme COMPANY REGISTRATION complusory payment of taxes Composition scheme service tax COMPUTER AS FAX MACHINE computer sytem at ito office CONCEPT PAPER configure yahoo mail in outlook express consolidate account statement construction purchase of house Consultancy Service Consumer Price Index continues services CONTRIBUTION TO NEW PENSION SCHEME CONTRIBUTORY PENSION FUND CONVERT FIGURES INTO WORD EXCEL COPARCENER CorpMcash corporation bank correction etds CORRECTION IN PAN DATA correction in section CORRECTION RETURN CORRECTION RETURN.ETDS cost accounting cost audit cost inflation index cost inflation index 2012-13 COST INFLATION INDEX FY 2010-11