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August 2014

E-payment of service tax made mandatory

By Tarun Ghia, Pratik Mehta, Brijesh Cholera Chartered Accountants
Reading Time 1 mins
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Notification No. 09/2014-ST dated 11th July, 2014

With effect from 01-10-2014, electronic payment of service tax is made mandatory for all assessees. However, a proviso has been added wherein the powers have been given to the Assistant Commissioner or Deputy Commissioner to allow the assessees for reasons recorded in writing to deposit service tax by any mode other than internet banking.

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