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.
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).