TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Electronic Payment of Service Tax Mandatory for High-Value Assessees from October 1, 2006, Under Amended Rule 6.</h1> The Central Government has amended rule 6 of the Service Tax Rules, 1994, mandating electronic payment of service tax for certain high-value assessees from October 1, 2006. This initiative aligns with the government's policy to enhance tax collection efficiency and reduce transaction costs through information technology. Electronic payment is deemed efficient and cost-effective, minimizing human interaction and compliance costs. Assessees who paid Rs. 50 lakh or more in service tax in the previous financial year, or exceed this amount in the current year, must comply. Assistance and interactive programs are being organized to facilitate this transition. Other assessees are encouraged to adopt electronic payments.
TaxTMI 
TaxTMI 
