The Synthetic & Rayon Textiles Export Promotion Council

Extension of e-payment deadline and of banking hours

Circular No.ES/358 /2016-17                                                                                      March 29, 2017

To: Members of the Council

Sub:  Extension of e-payment deadline and of banking hours

Dear Member,

CBEC has issued  Circular No. 205/03/2017-ST  dated 27.03.2017 informing about the decision taken by the Reserve Bank of India vide notification RBI/2016-17/250 dated 16.03.2017 that all agency banks shall keep the counters of their designated branches conducting government business open up to 6.00 pm on March 30, 2017, and up to 8.00 p.m. on March 31, 2017. All electronic transactions would, however, continue till midnight of March 31, 2017. Hence, the assessees can make e-payment till the midnight of March 31, 2017.

Members may kindly make note of the same.

 Thanking you,

V.ANIL KUMAR
EXECUTIVE DIRECTOR