E-payment threshold reduction requires electronic deposit of service tax by qualifying assessees and notifies parallel central excise change. An amendment lowers the electronic payment threshold for service tax so that an assessee who paid a total of service tax in the preceding financial year, including amounts paid by utilisation of CENVAT credit, must deposit service tax electronically through internet banking under the proviso to Rule 6(2) of the Service Tax Rules. A parallel amendment to the third proviso to Rule 8(1) of the Central Excise Rules imposes a corresponding obligation; both notifications take effect from the stated implementation date and Commissioners must issue public notices.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
E-payment threshold reduction requires electronic deposit of service tax by qualifying assessees and notifies parallel central excise change.
An amendment lowers the electronic payment threshold for service tax so that an assessee who paid a total of service tax in the preceding financial year, including amounts paid by utilisation of CENVAT credit, must deposit service tax electronically through internet banking under the proviso to Rule 6(2) of the Service Tax Rules. A parallel amendment to the third proviso to Rule 8(1) of the Central Excise Rules imposes a corresponding obligation; both notifications take effect from the stated implementation date and Commissioners must issue public notices.
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