e-Payment of Service Tax Procedure.

As per Service Tax Norms the payment of ST should paid by e-payment procedure.  Therefore the Service Tax e-Payment procedure is as follows:

• To pay Excise Duty and Service Tax online, the Assessee has to enter the 15 digit Assessee Code allotted by the jurisdictional Commissionerate.
• There will be an online check on the validity of the Assessee Code entered.
• If the Assessee code is valid, then corresponding assessee details like Name, Address, Commissionerate code  etc. as present in the Assessee Code Master will be displayed.
• Based on the Assessee Code, the duty / tax i.e. excise duty or service tax to be paid will be automatically selected.
• The Assessee is required to select the type of duty / tax to be paid by clicking on Select Accounting Codes for Excise or Select Accounting Codes for Service Tax depending on the type of duty / tax to be paid.
• At a time the assessee can select upto six Accounting Codes.
• The assessee should also select the bank through which payment is to be made.
• On submission of data entered, a confirmation screen will be displayed. If the taxpayer confirms the data entered in the screen, it will be directed to the net-banking site of the bank selected.
• The taxpayer will login to the net-banking site with the user id/ password provided by the bank for net-banking purpose and enter payment details at the bank site.
• On successful payment, a challan counterfoil will be displayed containing CIN, payment details and bank name through which e-payment has been made. This counterfoil is proof of payment being made.

Bank List for e-Payment:

• Allahabad Bank
• Axis Bank
• Bank of Baroda
• Bank of India
• Bank of Maharashtra
• Canara Bank
• Central Bank
• Corporation Bank
• Dena Bank
• HDFC Bank
• ICICI Bank
• IDBI Bank Ltd.
• Indian Bank
• Indian Overseas Bank
• Oriental Bank of Commerce
• Punjab National Bank
• State Bank of Bikaner and Jaipur
• State Bank of Hyderabad
• State Bank of India
• State Bank of Indore
• State Bank of Mysore
• State Bank of Patiala
• State Bank of Travancore
• UCO Bank
• Union Bank of India
• United Bank of India
• Vijaya Bank

To Pay Service Tax by e-Payment facility with the above banks (Click Here)