ICICI Bank facilitates payment of customs duty online

ICICI Bank has announced the launch of a facility for its customers-both retail and corporate-to pay customs duty digitally. Corporate customers can pay customs duty through the Bank's Corporate Internet Banking (CIB) and mobile banking app InstaBIZ, while retail customers can do so through the Bank's retail internet banking platform. The customers can make online payment by selecting ICICI Bank from the list of banks on the website of Indian Customs Electronic Gateway (ICEGATE).

Mr. Hitesh Sethia, Head - Transaction Banking, ICICI Bank, said, "We at ICICI Bank are thankful to Central Board of Indirect Taxes & Customs for giving us the opportunity to enable digital payments of customs duty for our customers. This facility enables millions of ICICI Bank customers to conveniently pay customs duty digitally through ICEGATE website. This is in line with our endeavour to continuously enhancing convenience to our customers by offering them innovative products and services."

ICICI Bank has been successfully facilitating payment of direct and indirect taxes for more than a decade now.

Below are quick steps for making digital payments of customs duty:

• Visit ICEGATE website - https://epayment.icegate.gov.in/epayment/locationAction.action
• Select 'Document type' and 'Location code' from drop down and enter Import Export Code (IEC)
• Select ICICI Bank from list of banks for payment
• Login to internet banking or InstaBIZ app and complete the payment

Shares of ICICI Bank Limited was last trading in BSE at Rs. 785.05 as compared to the previous close of Rs. 787.60. The total number of shares traded during the day was 379175 in over 10405 trades.

The stock hit an intraday high of Rs. 792.40 and intraday low of 774.10. The net turnover during the day was Rs. 296473032.00.

Source : Equity Bulls

Keywords

ICICIBank INE090A01021 CustomsPayment Customers