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    <title>Mandatory payment of service tax electronically for major assessees – Reg.</title>
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    <description>Mandatory electronic payment of service tax is prescribed for major assessees effective 1 October 2006: assessees exceeding the specified major-assessee threshold in the preceding or current financial year must pay service tax electronically. Nominated banks will provide the facility; field formations must inform officers and assessees and ensure smooth implementation; Commissioners should encourage other assessees to adopt electronic payment; the Principal Chief Controller of Accounts will coordinate local implementation issues and the Board invites suggestions within a short timeframe for further action.</description>
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    <pubDate>Fri, 07 Jul 2006 00:00:00 +0530</pubDate>
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      <title>Mandatory payment of service tax electronically for major assessees – Reg.</title>
      <link>https://www.taxtmi.com/circulars?id=717</link>
      <description>Mandatory electronic payment of service tax is prescribed for major assessees effective 1 October 2006: assessees exceeding the specified major-assessee threshold in the preceding or current financial year must pay service tax electronically. Nominated banks will provide the facility; field formations must inform officers and assessees and ensure smooth implementation; Commissioners should encourage other assessees to adopt electronic payment; the Principal Chief Controller of Accounts will coordinate local implementation issues and the Board invites suggestions within a short timeframe for further action.</description>
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      <pubDate>Fri, 07 Jul 2006 00:00:00 +0530</pubDate>
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