Banks to Remain Open 30 and 31 March for Duty Receipt

[Service Tax Circular No. 191 dated 29^th March 2016]

The Reserve Bank of India has issued instructions vide notification RBI/2015-16/342 dated March 17, 2016 wherein it has been decided that all agency banks shall keep the counters of their designated branches conducting government business open for full day on March 30, 2016, and till 8.00 p.m. on March 31, 2016. All electronic transactions would, however, continue till midnight of March 31, 2016.

2. Thus the assessees can make e-payment till the mid night of March 31, 2016.

3. It is requested that the trade notice may be issued to publicize the extended e-payment hours as well as the extended banking hours.