E-Payment facility of Central Excise and Services Tax is a part of the e-Government initiatives. The issue of on-line payment of Central Excise and Service Tax through the internet portals of various banks had been under consideration. The system requirements, methodology and suggested process flow was developed, without having any implication of the existing procedure of the executive and accounting agencies of the Department, in 2004 and given to banks for suggesting the solutions. While most of the banks have intimated their acceptance of providing this option, and are developing the solutions at their IT Departments, 7 Banks have so far come up with the necessary software. These solutions meet the criteria laid down by the office of the Principal Chief Controller of Accounts, CBEC. |
