e-Payment of Service Tax Compulsory For Payer of Rs 10 Lakhs or More in F.Y 2009-10

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e-Payment of Service Tax Compulsory For Payer of Rs 10 Lakhs or More in F.Y 2009-10

The electronic payment option for payment of service tax  was available only to those who had paid a service tax of Rs 50 lakh or more including utilisation of Cenvat credit. Now , the Central Board of Excise and Customes has made electronic payment of service tax compulsory from April 1, 2010, vide notification No.1/2010,  for those who have in 2009-2010 paid a total service tax of Rs 10 lakh or more, including the amount paid by utilisation of Cenvat credit.

Apart from this , the service provider who pays the service tax online will also have to file the half-yearly service tax return electronically through the ACES (Automation of Central Excise And Service Tax) platform from April 1.

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  • nilesh vasa

    if a client is complusory required to make payment of service tax through epayment ( i.e. online), but he makes payment physical vide challan, then what are the consequences in service tax law. Wether service tax department can levy penalty of some sort though service tax has been paid anyhow.