Para 14.3.5 — CAM
Original Rule Text
14.3.5. PAYMENT PROCESS OF CENTRAL EXCISE AND SERVICE TAX IN THE NEW PLATFORM FROM 01.07.2019
The following is the process for payment of Central Excise and Service Tax:
(a) The tax payer logs in to the ACES -GST system with login credentials;
(b) While generating a challan for payment, the tax payer selects the accounting codes under which he is making the payment and fills the amount details;
(c) After the challan is generated the taxpayer can make the payment. On clicking the make payment button, the ACES-GST portal redirects him to the ICEGATE e-payment portal;
(d) The tax payer can initiate the challan payment transaction from ACES-GST portal by following the payment link provided in the portal OR alternatively can access the ICEGATE epayment portal directly for online or offline transaction mode;
(e) At the ICEGATE e-payment portal, the taxpayer logs in by giving parameters asked for. Challans that have been generated by the tax payers are listed. The tax payer has the choice to select one challan or multiple challans for payment. On initiation of payment, an IG Reference number is generated by ICEGATE;
tax payer can select the mode of payment as internet banking or NEFT/RTGS;
(g) On selection of internet banking, the ICEGATE portal will redirect the taxpayer to the internet banking facility of the selected bank for payment.
(h) If the tax payer selects the mode of payment as NEFT/RTGS, a mandate form is generated, where in the IG Reference number is shown as the Account number, RBI as the beneficiary and the RBI’s specific IFSC code provided for these transactions as the IFSC code of the Bank. The tax payer can make either an online or offline payment of NEFT/RTGS transactions.
What This Means
This section describes the step-by-step process for paying Central Excise and Service Tax on the new ICEGATE platform (operational from 01.07.2019). The taxpayer logs into ACES-GST, generates a challan with the correct accounting codes, and is redirected to the ICEGATE e-payment portal. They can select internet banking or NEFT/RTGS. For internet banking, ICEGATE redirects to the bank's website. For NEFT/RTGS, a mandate form is generated with an IG Reference number as the account number, RBI as beneficiary, and a specific IFSC code.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Taxpayer generates challan on ACES-GST portal with accounting codes and amounts
- 2Redirected to ICEGATE e-payment portal where an IG Reference number is generated
- 3Two payment modes: Internet Banking (redirects to bank) or NEFT/RTGS (mandate form generated)
- 4For NEFT/RTGS: IG Reference = Account number, RBI = Beneficiary, specific IFSC code provided
- 5Multiple challans can be selected for payment in a single session
Practical Example
A factory pays Rs 2 lakh in Central Excise duty. The accounts officer logs into ACES-GST, selects the correct accounting codes (Major Head, Minor Head), and enters Rs 2 lakh. After challan generation, they click 'Make Payment' and are redirected to ICEGATE. They choose NEFT mode. A mandate form is generated showing the IG Reference number as the account number, RBI as the beneficiary. The officer instructs their bank to transfer Rs 2 lakh to RBI using the provided details.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Can I still use the old NSDL-EASIEST portal for Central Excise payments?▼
What is the IG Reference number?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.