New challan GAR-7 for making payment of Excise and Service Tax applicable from April 2007.Is it compulsory for all taxpayers or only for those who make e-payment? No clarification appears on Govt. websites.Can any body throw light?
GAR 7 challan - epayment or manual filing
Jayant Kuvelkar
GAR-7 Challan Mandatory for All Taxpayers for Excise and Service Tax Payments Starting April 2007 A discussion was initiated regarding the new challan GAR-7 for the payment of Excise and Service Tax, effective from April 2007. The inquiry sought clarification on whether this challan is mandatory for all taxpayers or only for those opting for e-payment, noting the lack of information on government websites. A response clarified that the GAR-7 is a one-page challan and is mandatory for all taxpayers, regardless of the payment method. (AI Summary)
TaxTMI
TaxTMI