Comments
HDFC Bank on Friday said its integration with Central Board of Indirect Taxes and Customs (CBIC) ICEGATE platform has gone live.
“With this, the bank will offer customers the convenience of directly paying Customs Duty by selecting HDFC Bank,” it said in a statement.
This follows authorisation by the Principal Chief Controller of Accounts of CBIC to collect IGST on import and export of goods and services.
HDFC Bank has facilitated both retail and wholesale payments of customs duty. “This integration also offers the bank the opportunity to acquire current accounts of customers who bank with others that do not offer this facility,” it further said.
The lender is already the second largest agency bank to Government of India for tax collections – direct taxes and GST payments.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.