Revised Procedure for making e-payment
- Taxpayer would access the CBIC-GST Portal
- Login with their existing user id and password.
- Taxpayer selects “Services”->“E-Payments” in menu.
- Taxpayer has option to “Create Challan” and “Track Challan Status” under “E-Payments”
What is service tax and how it is charged?
Service Tax was earlier levied on a specified list of services, but in the 2012 budget, its scope was increased. It is charged to the individual service providers on cash basis, and to companies on accrual basis. This tax is payable only when the value of services provided in a financial year is more than Rs 10 lakh.
Do you have to make separate Challan for TDs?
While making TDS payment, separate challans should be made for depositing tax deducted at source from company deductees and non-company deductees.
How to verify the Tan details of TDS / TCS?
You can verify the TAN details from Income Tax Department website – prior to depositing TDS/TCS. As a taxpayer, you will require using separate challans to deposit tax deducted under each section and indicate the correct nature of payment code in the relevant column in the challan.
Do you have to deposit TDs with the government?
Payer must deposit TDS with the government after he deducts it. The Tax department has defined different challans for deposit of different type of taxes. Challan ITNS 281 is TDS challan to deposit TDS/ TCS. Challan needs to be kept in record since it is used for TDS return filing.
Where do I go to pay my TDs online?
TDS is to be paid online. The e-Payment service facilitates the payment of direct taxes online. The taxpayer will require having the net-banking services from any of the authorized banks. Challan ITNS 281 is the Challan form for payment of TDS (Tax Deducted at Source) and TCS (Tax Collected at Source).
