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January 2014

Lowering of threshold limit for mandatory e-payment of central excise duty and service tax to Rs. 1 lakh – Notification No. 16/2013 – ST dated 22nd November, 2013

By Tarun Ghia, Pratik Mehta, Brijesh Cholera Chartered Accountants
Reading Time 1 mins
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Notification No. 15/2013 – CE (NT) dtd 22/11/2013 as well as this Notification have been issued to lower the threshold limit of mandatory e-payment from Rs. 10 lakh to Rs. 1 lakh for both Central Excise and Service Tax payment with effect from 1st January, 2014.

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