In which condition service tax online payment

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Querist : Anonymous (Querist)
07 August 2014 in which condition on line service tax payment is mandatory.

07 August 2014 From 1st of January, 2014, a manufacturer or a Service Tax payer who has paid a duty or tax of more than rupees one lakh in the previous financial year shall be required to pay duty or tax through internet banking.


See notification from below link--

http://pib.nic.in/newsite/PrintRelease.aspx?relid=100874

07 August 2014 Penalty for non payment of electronic payment of Service tax

Non-Payment of tax through elctronic made attracts penalty which may be extend upto Rs.10,000 under section 77(1)(d) w.e.f 08.04.11 (earlier it was Rs.5,000).

09 August 2014 if you pay more than rs. 1 lacs service tax then you have to pay service tax online banking.


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