Overview of Customs Duty in India
Customs Duty refers to the tax imposed on goods when they are transported across international borders. In India, Customs Duty is defined under the Customs Act, 1962, and all related matters are managed by the Central Board of Indirect Taxes and Customs (CBIC).
Customs Duty, Central Excise & Service Tax Payment through IndusInd Bank
IndusInd Bank is an authorized agency bank for the collection of Customs Duty, Central Excise & Service Tax through online mode. Customers can make online payments by selecting IndusInd Bank from the list of banks on the Indian Customs Electronic Gateway (ICEGATE) portal.
The ICEGATE portal operates between 2:00 AM to11:00 PM on all days (Monday to Sunday) for e-payments of Customs Duty, Central Excise & Service Tax. Customers are requested to authorize the transaction completely within the prescribed time window for the same-day payment of Customs Duty, Central Excise & Service Tax. Transactions pending for authorization beyond the prescribed time window will expire, and customers will need to re-initiate payment on the ICEGATE portal the next day.
Payment Modes
The tax payment can be initiated via the following payment modes:
- Internet Banking – Retail Channel (IndusNet) - Click here
- Internet Banking – Corporate Channel (IndusDIRECT) - Click here
- RTGS/NEFT
Step-by-Step Guide to Processing Customs Duty, Central Excise & Service Tax Payment through Net Banking
Customers can pay Customs Duty, Central Excise & Service Tax online with a few simple steps:
- Log into ICEGATE portal using your credential.
- Choose the challan and select the payment method as Net Banking.
- Select IndusInd Bank to complete the payment.
Key Features
- Facilitation for the taxpayer by providing a hassle-free, anytime, anywhere mode of payment of tax.
- Convenience of making payment online.
- Faster remittance of tax revenue to the Government Account.
- Paperless transactions.
- Speedy accounting and reporting.
- Electronic reconciliation of all receipts.