No more TR-6 Challan EASIEST GAR-7
While paying excise duty, the assessee was required to fill up a TR-6 Challan in Quadruplicate. The Bank used to return two copies to the assessee who had to submit one of those bank receipted copies to the Central Excise Range office and the bank used to send one copy to the Central Excise department which was supposed to verify the bankers copy with the assessee’s copy. These are all archaic procedures which will have to give way to modern electronic verification. And the Electronic Accounting System in Excise and Service Tax (EASIEST) was born. Now the assessee has to fill up only one copy of the new GAR-7 and has to just mention the Challan Identification Number in their return.
The Ahmedabad Commissioner wants the assessees to fill up the challans completely and accurately. The Commissioner wants the assessees to get familiarised with the new system and in any case, for payments made in the month of May 2007 on wards, it seems the bankers will not accept the TR-6 Challan. The department is ready; the assessee is ready but are the bankers ready? We understand that many branches of the authorised banks are yet to put the system in place and they are not accepting e-payment.
Ahmedabad-II Trade Notice No. , Dated April 19, 2007