E PAYMENT OF

[satya k]

iS THERE ANY CHANGE IN FOR LIMIT OF E PAYMENT
EARLIER IF ASSESSES CROSSED 5000000 DUTY THEN HE WILL PAY COMPULSORLY THROUGH E PAYMENT

[CA Rachit Agarwal]

Now it has been changed to Rs. 10 Lacs.

This 10 Lacs is sum of PLA account and Cenvat Credit accounts. Hence alone PLA should not be considered.

[rishi mohan]

Electronic payment of Service Tax has been made mandatory for assessees whose total Service Tax payment including utilization of CENVAT credit for the preceding financial year is Rs.10 lakh or more.

Electronic filing of half-yearly return has been made mandatory for assessees whose total Service Tax payment including utilization of CENVAT credit in the preceding financial year is Rs.10 lakh or more.

For further information you may visit the following link

https://www.taxtmi.com/notifications?id=22594

AI Summary

Mandatory electronic payment requirement for covered service taxpayers now includes PLA and CENVAT and triggers mandatory e filing. Electronic payment of service tax is mandatory for assessees whose total service tax payment, including utilization of CENVAT credit in the preceding financial year, meets the prescribed threshold; the threshold is computed as the sum of the PLA account and CENVAT credit utilization, so PLA alone is not determinative. Electronic filing of the half-yearly return is likewise mandatory for assessees meeting the same aggregated prior-year payment criterion.