Govt Business Features - IDBI Bank Govt Business Features

GBG’s area of operation includes:

• Collection of Direct and Indirect Taxes for Government of India

• Collection of State Taxes like Value Added Tax, Sales Tax, Stamp Duty etc.

• Handling transactions of Civil Ministries and Non-Civil Ministries like Defence of Government of India as their accredited bank

• Selling entire bouquet of our products to the Government Sector in Centre as well as States.

• Disbursement of Pension

Key mandates

• Collection of Direct Taxes in 143 Branches in physical challan form.

• IDBI Bank is authorized for E-payments of Direct Taxes on All India basis. We are amongst the first bank in the country to offer this facility over Internet.

• Collection of Central Excise Duties and Service Tax in physical challan form in Delhi, Mumbai, Chennai and Kolkata

• Collection of Central Excise Duty and Service Tax over Internet on All India basis w.e.f. 1st August 2008. We are one of the first bank in the country to offer this facility over internet

• Collection of Sales Taxes/ VAT in Gujarat, Uttaranchal, Phagwara, NCT Delhi and Maharashtra.

• Collection of Stamp Duty in Maharashtra, Gujarat and Rajasthan.

• Vendor Payments of Southern Command & Eastern Command of Army through ECS.

• Handling Collections and Payments for Ministry of Urban Development, Government of India.

• Payment of Central Civil & Defence pension across all our branches.

• Authorised Bank of collection of Customs Duty at Jawaharlal Nehru Customs House, Nhava Sheva through physical mode.

• Authorised Bank for collection of Pan India Customs Duty through electronic mode.