GAR-7 substite TR-6

This query is : Resolved

CA. S.B.Shah (Querist)
Follow

04 July 2007 sir is it similar like income tax challan to give single copy of GAR-7 to bank for payment of tax instead of TR-6 four-copies.?

Shyam Lal Naik

Shyam Lal Naik (Expert)
Follow

04 July 2007 Hi Sanjeev,

Yes, GAR-7 is similar like Single copy Income Tax Challan.

Before the introduction of new challan forms, the income tax challans were also used to be be of 4 copy.

The only difference is - you have to deposit the service tax through GAR-7 challan at a bank authorised to collect tax for your commissionorate.