E-payment authorization expands to include ICICI Bank enabling online VAT payments with CIN challan proof and banking confirmation. Notification adds ICICI Bank, Vasant Vihar branch to the DVAT e payment scheme; online payments via the bank's website produce a 19 digit Challan Identification Number (CIN) on Part 'C', which when printed, signed, stamped and enclosed with the tax return is accepted as proof of payment. The bank must observe Information Technology Act security provisions, issue user credentials and Part 'D' stamped receipt for records, and deposited amounts are credited only after Reserve Bank confirmation with prescribed accounting windows for timing of payments.
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E-payment authorization expands to include ICICI Bank enabling online VAT payments with CIN challan proof and banking confirmation.
Notification adds ICICI Bank, Vasant Vihar branch to the DVAT e payment scheme; online payments via the bank's website produce a 19 digit Challan Identification Number (CIN) on Part 'C', which when printed, signed, stamped and enclosed with the tax return is accepted as proof of payment. The bank must observe Information Technology Act security provisions, issue user credentials and Part 'D' stamped receipt for records, and deposited amounts are credited only after Reserve Bank confirmation with prescribed accounting windows for timing of payments.
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