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.
- 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