E-payment authorization for VAT: specified banks added; unique Challan Identification Number serves as electronic payment proof. Three banks - Corporation Bank, Indian Bank and Punjab & Sind Bank - are authorised to provide the e-payment facility for discharge of tax, interest, penalty or other dues under the DVAT Act, 2004; dealers with accounts at these banks and monthly or quarterly tax periods must use electronic payment. Part 'C' of the challan, bearing a unique Challan Identification Number printed at payment, is accepted as proof to be enclosed with returns, and Part 'D' signed and stamped by the bank is to be retained as the bank's acknowledgement; credits are effected after RBI confirmation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
E-payment authorization for VAT: specified banks added; unique Challan Identification Number serves as electronic payment proof.
Three banks - Corporation Bank, Indian Bank and Punjab & Sind Bank - are authorised to provide the e-payment facility for discharge of tax, interest, penalty or other dues under the DVAT Act, 2004; dealers with accounts at these banks and monthly or quarterly tax periods must use electronic payment. Part 'C' of the challan, bearing a unique Challan Identification Number printed at payment, is accepted as proof to be enclosed with returns, and Part 'D' signed and stamped by the bank is to be retained as the bank's acknowledgement; credits are effected after RBI confirmation.
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