SyndicateBank
PAYMENT OF EXCISE AND SERVICE TAXES THROUGH INTERNET BANKING
Salient Features
The Hon. Finance Minister has inaugurated the facility of enabling the payment of Central
Excise and Service Taxes through Internet Banking Channels on 11.5.2005. Salient features
of this facility are as under:
Who can pay the tax through Internet:
Customers can pay the Central Excise or Service tax provided, he/she has a valid assessee
code allotted by the Commissionarate of Excise / Service Tax, and has Internet Banking
facility for his/her account/s with any of our CBS branches. However our Bank is authorised
to collect the Excise or Service tax for the following commissonerates only.
Hence the assessee who is registered with any of the below mentioned commissionerates only
can pay Central Excise/Service Tax through Internet Banking Channel.
Bangalore Belgaum Chennai Delhi Mangalore Mysore
How it works:
You may log-on to Syndicate Bank website www.syndicatebank.com on the Internet. In the
home page, please choose “Retail” option available under “Net Banking” at the right top
portion of the screen. This will open up the Internet Banking Login Screen. You will login
using your Login ID (Customer ID) and your login password. There is an option
“Excise/Service Tax Payment” in the list of options available. On invoking the same, the
system will prompt for transaction password and its confirmation. On its validation, the
system will display a simple form for filling up the tax payment particulars. Once the form is
filled-in and submitted, the system will debit the selected account and provide you with a
cyber receipt. The designated branch will print the challan on the next working day, and the
receipted challan will be mailed to the mailing address furnished in the challan form.
What taxes can be paid through internet:
The present scope is limited to payment of Central Excise and Service Tax (of CBEC).
Any pre-requisite for making the e-payment:
Yes, you may approach our CBS branch where your account is maintained for availing the
facility by giving a signed registration form. That will be an authorization in favour of the
Bank to sign on the Challan on your behalf for the payments made through e-Payment. You
need to mention your assessee code/s and the account/s from which you wish to make the
payment. A sample registration form is enclosed.
When can the payment be made:
Payments can be made at any time – i.e. the facility will be available on 24x7 basis.
However the tax will be accounted as received for the same day if paid before 8 PM and for
the next working day if paid thereafter or on a holiday. However, the bank reserves the right
to extend the cut off time depending on its needs or the requirements of the CBEC.
Ceiling on amount of payment: No limit.
Charges: No charges as of now.
SyndicateBank
HO: Manipal
From Date:
UNDERTAKING LETTER
I/We would like to avail the e-Payment facility for making payment of Excise & Service Tax
through Internet Banking.
In this connection, I/We authorise Syndicate Bank ____________________ Branch to sign
on the challan/s on behalf entirely at my own risk and responsibility. I/We undertake to abide
by the rules of Bank governing the e-Payment facility now in force and that may be changed
from time to time.
I/We further agree that the Bank will not be held responsible for any loss to me/us on account
of sudden accident or system failure. I/We also undertake not to make any claim of
whatsoever nature against the Bank on account of such accidents or system failures.
My/Our Assessee codes are :
1.
2.
3.
_______________________
Signature of the Customer
Name:
Account No.
To
The Head of the Branch
Syndicate Bank
___________________
Signature verified:
Officer