"e-Payment of Central Excise & Service Tax"

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....Tax through the internet portals was inaugurated by the Finance Minister on 11^th May; 2005. The main advantages to the Central Excise and Service Tax payers in this facility are following: - (i)  Ease of operation and convenience (ii) Availability of the facility is on 24 x 7 basis (iii)  On-line filing of challan and payment of taxes (no more queues and waiting) (iv)  ....

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....ral Excise and Service Tax mainly consists of the following system requirements, methodology and work flow:- Solution is available to:-- ·  Customer of any of the Core Banking branches of the bank ·  A taxpayer who poses PAN based 15 digit Assessee Code ·  Customers having registration with the bank opting for e-payment ·  Customer having Banks' Internet bank....

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....g of single challan form ·  Selection of appropriate tax-type from drop-down menu ·  Instant Cyber Receipts for the payment made ·  Receipted copy of challans delivered at doorstep WORK FLOW:- ·  Taxpayer logs on to the bank's web site ·  The bank's site allows the taxpayer to enter into the secure banking area after verifying the user ID and passwor....

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.... Indirect Tax revenue.  This will ensure that the bank is not collecting and accounting indirect tax revenue for a Commissionerate for which it is not authorized ·  On successful validation of the details in the challan format, the taxpayer is guided to a 'make payment screen' showing the payment details filled in by the taxpayer on the challan format ·  The taxpayer gets an....