Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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of <h1>New e-Payment System for Service Tax: Pay Online Anytime with 24 Authorized Banks for Convenience and Instant Receipts.</h1> The circular introduces the electronic payment (e-payment) system for service tax, offering an alternative to traditional banking methods. Taxpayers can register with one of 24 authorized banks to pay taxes online anytime, bypassing queues and restricted banking hours. The system, part of the Electronic Accounting System in Central Excise & Service Tax (EASIEST), provides convenience, 24/7 availability, and instant cyber receipts. The process involves logging into the bank's secure site, selecting tax options, filling in a validated challan form, and authorizing payment. Successful transactions generate a unique confirmation number, and banks handle fund settlements with the government.
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