CENTRALIZED SYSTEM FOR PROCESSING EXCISE & SERVICE TAX RETURN BY END OF THIS YEAR

The new centralised system for processing excise and service tax which would the save tax payer’s time and money would be rolled out across the country by the end of this year, CBEC Additional Director General of Systems D P Dash said here. The new system– Automation of Central Excise and Service Tax (ACES) – is a web-based application and has been tested through pilot projects.
“With the roll-out of ACES, the taxpayers time and cost in complying with the tax provisions will come down drastically, ” Dash said at a programme which marked the rolling out of ACES in the Hyderabad zone.

Making a detailed presentation on the ACES he said, “ACES aims to automate all major processes in Central Excise and Service Tax through a workflow-based application. A few modules would be implemented now and the entire project would be implemented in phases.”

This system, he said, will also improve the efficiency of the Department.

Also present there Chief Commissioner of Customs, Central Excise and Service Tax (Hyderabad Zone) Ahmed Hussain said the roll out is continuation of the efforts of the Department to harness information technology to improve the taxpayer services as well as internal efficiencies.

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