TIOL-DDT 1936 · Thursday, 6 September 2012 · story 1 of 7

E-payment of Customs duty mandatory

CBEC has made e-payment of duty mandatory for importers registered under Accredited Clients Programme and importers paying customs duty of one lakh rupees or more per Bill of Entry with effect from 17.09.2012.

Board wants Chief Commissioners to give wide publicity to enable trade to be ready in case any change in their software or any internal procedure for effecting E-payment is required. As a large number of taxpayers would be required to pay the taxes electronically, Board requests that importers, trade and industry may be provided all assistance so as to help them in adopting the new procedure.

Are the departmental officers equipped for the change?

CBEC Circular No. 24/2012 - Customs, Dated: September 05, 2012