HDFC Bank goes live for customs duty payments

07 Jan 2022 Evaluate

HDFC Bank’s integration with Central Board of Indirect Taxes and Customs (CBIC) ICEGATE platform has gone live. With this, the Bank will offer customers the convenience of directly paying Customs Duty by selecting HDFC Bank. This follows authorisation by the Principal Chief Controller of Accounts of CBIC to collect IGST on import and export of goods and services.

HDFC Bank has facilitated both retail and wholesale payments of Customs Duty. With HDFC Bank on board, clients would no longer need to route payments through other bank accounts. This integration also offers the Bank the opportunity to acquire current accounts of customers who bank with others that do not offer this facility.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

HDFC Bank Share Price

1305.10 14.15 (1.10%)
May 16, 18:01 View Price Chart
Peers
Company Name CMP
HDFC Bank 1305.10
ICICI Bank 683.20
Axis Bank 638.90
Indusind Bank 886.15
Kotak Mahindra Bank 1812.25
View more..