Mandatory e-Payment of Service Tax by large taxpayers : Proposed interim accounting arrangement for e-Payment collection.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....07/365 Dated : October 3, 2006 Sub : Mandatory e-Payment of Service Tax by large taxpayers : Proposed interim accounting arrangement for e-Payment collection. Kindly refer to our telephonic conversation on the subject dated 03.10.2006. With the introduction of mandatory e-Payment for high value Service Taxpayers, the ned for eliminating the concept of designated banks for collection of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....-Payments for preparing the scroll. These FPBs will act as receiving branch and FPB for e-Payment collections. The scrolling will be Commissionerate-wise and Major head-wise. (d) Collection through e-Payment made for the Commissionerate that the not covered for physical collection will be collated at a branch in Delhi (Such CBS branch will be identified by the bank) for scrolling. The branch so....