The Hindu Business Line : E-payment of excise, service tax

Oriental Bank of Commerce has been authorised by the Reserve Bank of India and the Central Board of Excise and Customs to collect central excise duty and service tax through e-payment. Mr Alok K. Misra, Chairman and Managing Director, formally launched the online facility for collection of the tax at an event held here on Saturday, a release issued by the bank said. OBC is already handling the business of of-line collection of direct taxes. The bank, at present, has 1,4 10 branches and 61 extension counters across the country.

— Our Bureau

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