Now Karur Vysya Bank will also be able to deposit GST and custom duty from the bank, Reserve Bank has approved

Now Karur Vysya Bank will also be able to deposit GST and custom duty from the bank, Reserve Bank has approved

The Reserve Bank of India has authorized Karur Vysya Bank to collect indirect taxes on behalf of the Central Board of Indirect Taxes and Customs (CBIT & Custom). After getting the approval, the bank has started the process of integration with CBIC. Once this process is completed, Karur Vysya Bank customers can deposit their Indirect Taxes (GST, Custom Duty) at any branch of the bank, through net banking and DLite mobile app.

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