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FAQs - Excise & Service Tax Collection |
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What types of taxes are included under Indirect Tax ?
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Indirect Taxes include:
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Central Excise |
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Service Tax |
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Customs Duty |
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What type of taxes can we collect?
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We have been authorised to by Central Board of Excise and Customs (CBEC) and Reserve Bank of India (RBI) to collect Central Excise and Service Tax. |
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At which locations can we collect Central Excise and Service Tax?
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We have been authorised to collect Central Excise and Service Tax at Delhi and Mumbai for the following Commissionarates:
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Delhi (Commissionerates I to IV) |
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Mumbai (Commissionerates I to V) |
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Belapur |
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Raigad |
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Thane (Commissionerates I and II) |
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Bangalore (Commissionerates I to III) |
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Kolkatta (Commissionerates I to VII) |
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When are these taxes payable ?
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The due dates for payment are as under :
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Central Excise:
For Non-SSI units, 5th of the following month
For SSI units, 20th of the following month |
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Service Tax:
25th of following month |
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How is Tax Paid ?
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The assessee pays the tax by way of a challan along with
cash or cheque |
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What is a Challan ?
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| CBEC has defined specific forms (TR-6 ) for each type of tax. These are required to be filled in by the taxpayer and submitted along with the cheque/cash at the bank counter |
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Can all our branches accept taxes ?
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At present CBEC and RBI have permitted us to collect taxes at specified branches only.
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What is the process of depositing taxes and is it the same for the two types of challans and taxes ?
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Yes the Process is same and is follows:
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The taxpayer will come to the collecting branch of the bank with his challan and the cheque and submit the same at the specified collection counter. |
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| Step 2 |
The collection counter staff will scrutinise the challan as per the defined checklist, which will be provided at the counter. The Cheques / Payorder should be in favour of "HDFC Bank a/c Central Excise" or "HDFC Bank a/c Service Tax" ( as applicable) |
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| Step 3 |
Collection counter staff will issue a pre-numbered "Paper Token" as an acknowledgement of his challan and cheque. |
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| Step 4 |
The challans will be stamped with the "Received Date". After the cheques have been realized, the challans will be stamped with the "Date of Realisation" and further processed. |
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| Step 5 |
The branch will release the Challan ONLY against receipt of the original paper token issued to the taxpayer. The branch will take a signature of the bearer on the reverse of the token at the time of release of the challans. |
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After how many days can the tax payer collect his challan from the branch ?
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We estimate this to be the third working day from the date of submission of challan. However, if the assessee pays tax through a HDFC Bank Cheque at an authorised branch of HDFC Bank, then the challan will be processed immediately and returned to the assessee across the counter |
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Can the tax payer deposit Cash instead of Cheque? In that case , what would be the TAT ?
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Yes, he can deposit cash too. However, in this case, he will first deposit the cash at the teller by filling up a special three-ply cash deposit slip. The Teller will retain one copy for posting and return two copies to the tax payer. The Taxpayer will retain one copy and attach the second copy to the challan and submit the same at the Branch Collections Counter. Thereafter the process remains the same (i.e., collect paper token, processing, etc.).
The date would be mentioned on the Paper Token. We estimate this to be the third working day from the date of submission of challan. |
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What if the Paper Token is lost by the Tax Payer ?
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In case of reported loss of Paper Token by the taxpayer, a letter to this effect is to be obtained from the assessee/taxpayer. Signature of assessee /taxpayer should be verified against signatures appearing on the Challan. Only on confirmation of these signatures the Challans would be handed over to the TaxPayer.
The date would be mentioned on the Paper Token. We estimate this to be the third working day from the date of submission of challan. |
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