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<h1>Circular Mandates Valid Assessee Code on G.A.R.7 Challans for EASIEST System; Effective January 22, 2008.</h1> The circular addresses the issue of poor data quality in the Electronic Accounting System in Central Excise & Service Tax (EASIEST), highlighting that 45% of challans lack an assessee code. It mandates banks to ensure the inclusion of a valid 15-digit assessee code on G.A.R.7 challans before accepting payments. Banks are instructed on handling various scenarios regarding the presence or absence of an assessee code, including verification through the NSDL-EASIEST website and requiring proof of PAN/TAN registration. From January 22, 2008, only records with a structurally valid assessee code will be accepted. The circular also emphasizes the need for banks to update their assessee code directories regularly.