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Introduction - E-payment of Indirect Taxes - Central Excise

Introduction
  • Contents

Introduction

1.1. E-payment of tax is a facility provided to the tax payers to make tax payments through internet using net-banking facility. Electronic Accounting System in Excise and Service Tax (EASIEST) is a web based payment gateway launched by CBEC in 2006/2007 enabling assessees to pay Central Excise Duties and Service Tax online. It interfaces with the e-payment portals of the tax collecting banks and makes available accurate tax payment data from banks for revenue and tax payer accounting purposes.

1.2 E-payment facility for payment of Central Excise Duty and Service Tax was first introduced in the year 2006/2007 and was initially made mandatory for certain big assesses only. With time, the mandatory threshold limit for compulsory e-payment was lowered in stages and now, with effect from 1.10.2014, all Central Excise and Service Tax assesses, except in exceptional cases permitted by AC/DC, are mandatorily required to pay duty/tax through e-payment.

1.3 In Customs, E-payment facility at Customs locations was introduced in 2007 and are now available at all major Customs locations having ICES facility. Initially, it was voluntary and with effect from 17.09.2012, e-payment of duty has been made mandatory for the following classes of importers:-

(i) importers registered under Accredited Clients Programme; and

(ii) importers paying Customs Duty of one lakh rupees or more per Bill of Entry.

 
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