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of <h1>New Procedure for First-Time CBEC Payers: Use Placeholder Code if No Assessee Code Available, Countersignature Required.</h1> The circular addresses the issue of Assessees paying Central Board of Excise and Customs (CBEC) dues without a mandatory 15-digit Assessee code. It highlights instances where Assessees, often first-time payers due to penalties or other receipts, struggle to remit dues as banks refuse challans without this code. To resolve this, it instructs banks to accept challans using a placeholder code '999999999999999' if the challan is countersigned by the relevant authority, confirming the Assessee's first-time payment status and lack of future dues. Banks authorized to accept CBEC dues are advised to implement this procedure.
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