Oriental Bank of Commerce authorised to collect Central Excise duties and Service Tax through E-Payment - Central Excise - Coord II/9-14/OBC/07/82

Oriental Bank of Commerce authorised to collect Central Excise duties and Service Tax through E-Payment Pr. Chief Controller of Accounts, C.B.E. C. Office Memorandum Coord II/9-14/OBC/07/82 Dated 31-7-2009 The undersigned is directed to refer to this office letter No. Coord. II/914/OBC/07/68 dated 9th July, 2009 addressed to General Manager, RBI, Mumbai and copy endorsed to your office regarding authorisation of Oriental Bank of Commerce for collection of Central Excise duties and Service Tax through e-Payment for all Central Excise, Service Tax and LTU Commissionerates. The RBI has issued necessary instructions to Oriental Bank of Commerce for taking up the duty collection work through e-Payment for all Central Excise, Service Tax and LTU Commissionerates without the restriction of Commissionerate-wise authorization vide letter No. DGBA.GAD.No.H-785/41.07.004/2009-10 dated 21-7-09 (copy enclosed). It is therefore, requested that necessary arrangements for issue of Trade Notice may please be made for the benefit of the assessees. Enclosure: RESERVE BANK OF INDIA www.rbi.org.in DGBA.GAD.No.H-/41.07.004/2009-10 July 21, 2009 The Chairman Managing Director Oriental Bank of Commerce Head Office Harsha Bhawan, E Block Connaught Place New Delhi-110 001 Dear Sir, Authorisation of Oriental Bank of Commerce for collection of Cenfral Excise duties and Service Tax through e-payment. It has been decided in consultation with the Principal Chief Controller of Accounts, Central Board of Excise and Customs, New Delhi to authorize your bank for collection of Central Excise duties and Service Tax through e-payment. 2. Your bank will strictly follow the processes and procedures as detailed in the EASeR Accounting Procedure and instructions issussed by RBI from time to time in this regard. 3. In addition, your bank will also have to follow the following points not with standing whether these are contained in the EASeR Accounting Procedure or separate instructions have been issued in this regard: (i) The bank will be allowed to accept e-payments of Central Excise duties and Service Tax for all Central Excise, Service Tax and LTU Commissionerates without the restriction of Commissionerate-wise authorization. (ii) The Mylapore Branch (BSR Code No. 0361086), No. 63, Radhakrishnan Salai, Mylapore, Chennai-600 004 of your bank will act as the Receiving and Focal Point Branch for collection of e Receipts of Central Excise duties in respect of all Commissionerates. (iii) The Chembur Branch (BSR Code No. 0360918), Khushali, Plot No.358, Central Avenue Road, Near Diamond Garden, Chembur, Mumbai-400 071 of your bank will act as the Receiving and Focal Point Branch for collection of e-Receipts of Service Tax in respect of all Commissionerates. (iv) The above e-FPBs at Chennai and Mumbai will prepare one main/top scroll on a daily basis and will send to respective e-PAOs, CBEC Chennai and Mumbai respectively. This scroll will contain under it all Challans of e-Payments of Central Excise/Service Tax pertaining to all Commissionerates for which e-payment has been received in the bank on any given day. (v) It should be ensured that the Challans bunched under the Daily Main Scroll are placed in the same seriatim or order as they are mentioned on the Scroll. It should also be ensured that the Challans pertaining to the different Commissionerates are arranged under the main scroll in alphabetical order. This will facilitate ease of data entry of the individual Challans at the level of the e-PAOs. (vi) The Date Wise Monthly Statement to be sent to the e-PAOs by the 4th of the following month should be prepared major head wise and not Commissionerate-wise. (vii) The FPBs of the bank as indicated in para 3(i) and (iii) above will ensure submission of electronic Challan detail file relating to Central Excise (Maj. Head 0038) and Service Tax (Maj. Head 0044) with the naming convention as per Annexure 4 of the EASeR Accounting Procedure to the e-PAO (Central Excise), Chennai and e-PAO (Service Tax), Mumbai respectively on a day to day basis. (viii) The remittance effected by the link cell in respect of the e-FPB in Chennai for e-Payment of Central Excise and the e-FPB in Mumbai for e-payment of Service Tax shall be done against the following Commissionerate name: (a) e-Com CX (In respect of e-FPB reporting Central Excise e-Payments) (b) e-Com ST (in respect of e-FPB reporting Service Tax e-payments) Accordingly, all e-payments of Central Excise and Service Tax pertaining to various commissionerates shall be clubbed under the Commissionerate name as mentioned above. (ix) The e-FPBs of the bank will be responsible for settlement of funds with RBI, CAS, Nagpur through their Link Cell at Nagpur. The settlement of funds with RBI, CAS, Nagpur should be completed within T+1 working days (excluding put through date). Any delay in remittance to RBI, CAS, Nagpur beyond the permissible time limit would attract payment of delayed period interest at the rate notified by RBI from time to time. (x) The bank should ensure that the instructions contained in the Revised Memorandum of Instructions for Collection and Accounting of Central Excise, Customs and other duties issued by the Reserve Bank of India may be complied with by their collecting branches. They should also follow all the guidelines and instructions issued by the RBI from time to time regarding collection and remittance of funds to RBI, CAS, Nagpur within the prescribed time limits, payment of interest on delayed period etc. 4. The above arrangements will be effective from 1st August, 2009. 5. You may, therefore, make necessary arrangement for taking up the duty collection work w.e.f. 1-8-2009. Yours faithfully, Sd (P. M. Rajagopal) Assistant General Manager