DBS Bank India enables Customs Duty, Central Excise and Service Tax payments through ICEGATE 2.0
08/10/2026
Mumbai, October 08 (KIP)-DBS Bank India has introduced Customs Duty, Central Excise and Service Tax payment capabilities through the ICEGATE 2.0 platform. With this addition, the bank now supports GST, Direct Tax and Customs-related tax payments, making it the only wholly owned subsidiary in India to offer all three major central tax payment categories through government platforms.
According to the Ministry of Commerce and Industry, India's merchandise imports reached US$363 billion during April-August FY2026-27, up 18.2% year-on-year, while exports rose to US$215.9 billion[i]. As trade activity grows and businesses increasingly digitise their operations, entrepreneurs are looking for more seamless ways to manage statutory obligations alongside their banking and treasury requirements.
Through its integration with ICEGATE 2.0, DBS Bank India enables customers to complete Customs Duty, Central Excise and Service Tax payments through DBS IDEAL, allowing businesses to manage a critical trade-related obligation through the same platform they use for their day-to-day banking and treasury needs. ICEGATE (Indian Customs Electronic Gateway) is the Indian Customs National Trade Portal and serves as the digital interface between the trading community and Indian Customs. Through its Customs e-Payment Platform 2.0, customers can initiate payments for Customs Duty, Central Excise and Service Tax, select DBS Bank as their preferred banking partner and seamlessly complete transactions through DBS IDEAL.
Divyesh Dalal, Managing Director and Country Head, Global Transaction Services, Corporate Banking – Financial Institutions and SMEs, DBS Bank India, said: “As businesses grow and trade activity becomes more interconnected, corporates are looking for simpler and more efficient ways to manage a wider range of payment obligations. The addition of Customs Duty, Central Excise and Service Tax payments has further strengthened our Statutory Payments proposition, which now includes Direct Taxes, TDS and GST. Customers can now manage their statutory payment obligations through a unified platform that provides enhanced control, visibility and operational efficiency. This launch reflects our commitment to removing friction from business processes so that our customers can focus on driving growth.”
The service is available daily from 4:00 AM to 11:00 PM, including weekends. Existing DBS IDEAL customers with the required tax-payment entitlement can access the facility without additional documentation. Customers can initiate, authorise and track payments through DBS IDEAL's existing approval workflows, transaction monitoring capabilities and download payment records, offering greater visibility and control over their payment obligations.
The launch complements DBS Bank India's broader digital transaction banking ecosystem. Earlier this month, the bank enhanced DBS MAX, its merchant collections platform, with a payment orchestration capability powered by Juspay. This enables businesses to access and manage multiple payment aggregators through a single integration, while providing a consolidated view of collections, refunds and reconciliation.
DBS continues to receive global recognition for its leadership in transaction banking and digital innovation. In 2026, the bank was named Asia's Best Digital Bank and Asia's Best Bank for Customer Experience at the Euromoney Awards for Excellence, and Best Bank for Payments- Asia-Pacific and Best Bank for Transaction Banking- Asia-Pacific at the Global Finance Treasury & Cash Management Awards. DBS was also recognised as Best Corporate Digital Bank- India by Global Finance.