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    <title>Central Bank authorized to accept DVAT payments by all the dealers and e-payments by dealers having monthly or quarterly tax periods</title>
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    <description>Notification designates Central Bank of India branches as the appropriate Government Treasury for DVAT dues; banks must remit funds to the DVAT account at the Reserve Bank within three days, levy interest on delayed remittances at bank rate plus two percent, collect tax via online computerized counters with software producing prescribed MIS and electronic data transfers, accept payments at any authorised branch irrespective of dealer accounts, and ensure compliance with RBI and IT Act security provisions.</description>
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      <description>Notification designates Central Bank of India branches as the appropriate Government Treasury for DVAT dues; banks must remit funds to the DVAT account at the Reserve Bank within three days, levy interest on delayed remittances at bank rate plus two percent, collect tax via online computerized counters with software producing prescribed MIS and electronic data transfers, accept payments at any authorised branch irrespective of dealer accounts, and ensure compliance with RBI and IT Act security provisions.</description>
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