<h1>Mandatory E-Payment Threshold for Excise Duty and Service Tax Slashed to Rs. 1 Lakh, Effective Jan 1, 2014.</h1> The government has reduced the threshold for mandatory e-payment of Central Excise Duty and Service Tax from ten lakhs to one lakh rupees, effective January 1, 2014. This change, announced via notifications 15/2013-C.E. (N.T.) and 16/2013-Service Tax dated November 22, 2013, requires manufacturers and service providers who paid over one lakh rupees in the previous financial year to use internet banking for tax payments. This measure aims to facilitate trade by expanding e-payment coverage, making electronic tax payments more convenient for businesses.