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Service tax in e-system

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Bharat Matrimony

Mumbai Feb 22 Central Board of Excise and Customs has decided to include service tax in Electronic Accounting System in Excise and Service Tax (EASIEST), from March 1.

EASIEST is operational as a pilot in Chennai since 2005 and has now been extended to other parts of the country.

Earlier, only excise challans were covered under the system.

"The accounting procedure for service tax will be similar to that for excise till further instructions," said an RBI notification.

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