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    <title>E-payment of Government Revenue — Cut off time for e-payment transactions</title>
    <link>https://www.taxtmi.com/circulars?id=4232</link>
    <description>E-payment receipts received by nominated banks up to the daily cut-off are to be treated as received that day and receipts after the cut-off as received on the next working day; deposit timing, delayed remittance treatment and penal interest calculations will follow this norm. Cyber receipts under the e-payment system must include transaction date and time alongside CIN, payment details and unique transaction number so that the precise time of payment can be evidenced for credit under Central Excise payment-credit rules, and banks must be instructed accordingly.</description>
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    <pubDate>Sat, 16 Feb 2008 00:00:00 +0530</pubDate>
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      <title>E-payment of Government Revenue — Cut off time for e-payment transactions</title>
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      <description>E-payment receipts received by nominated banks up to the daily cut-off are to be treated as received that day and receipts after the cut-off as received on the next working day; deposit timing, delayed remittance treatment and penal interest calculations will follow this norm. Cyber receipts under the e-payment system must include transaction date and time alongside CIN, payment details and unique transaction number so that the precise time of payment can be evidenced for credit under Central Excise payment-credit rules, and banks must be instructed accordingly.</description>
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      <pubDate>Sat, 16 Feb 2008 00:00:00 +0530</pubDate>
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