diff --git a/substrate/bin/node/runtime/src/lib.rs b/substrate/bin/node/runtime/src/lib.rs
index 037211155cf0ef7ff4f2daaf210eb528a7e8d0cd..2ac1e6444f119319ae2abe4030cf3c1a5d0a3e58 100644
--- a/substrate/bin/node/runtime/src/lib.rs
+++ b/substrate/bin/node/runtime/src/lib.rs
@@ -456,6 +456,7 @@ impl pallet_transaction_payment::Config for Runtime {
 }
 
 impl pallet_asset_tx_payment::Config for Runtime {
+	type Event = Event;
 	type Fungibles = Assets;
 	type OnChargeAssetTransaction = pallet_asset_tx_payment::FungiblesAdapter<
 		pallet_assets::BalanceToAssetBalance<Balances, Runtime, ConvertInto>,
diff --git a/substrate/frame/transaction-payment/asset-tx-payment/src/lib.rs b/substrate/frame/transaction-payment/asset-tx-payment/src/lib.rs
index 83801c44d3578bcf70f1ad212c7ea444b35ef288..08561375247aea05002cdf9857fdb51e397831dc 100644
--- a/substrate/frame/transaction-payment/asset-tx-payment/src/lib.rs
+++ b/substrate/frame/transaction-payment/asset-tx-payment/src/lib.rs
@@ -113,6 +113,8 @@ pub mod pallet {
 
 	#[pallet::config]
 	pub trait Config: frame_system::Config + pallet_transaction_payment::Config {
+		/// The overarching event type.
+		type Event: From<Event<Self>> + IsType<<Self as frame_system::Config>::Event>;
 		/// The fungibles instance used to pay for transactions in assets.
 		type Fungibles: Balanced<Self::AccountId>;
 		/// The actual transaction charging logic that charges the fees.
@@ -122,6 +124,19 @@ pub mod pallet {
 	#[pallet::pallet]
 	#[pallet::generate_store(pub(super) trait Store)]
 	pub struct Pallet<T>(_);
+
+	#[pallet::event]
+	#[pallet::generate_deposit(pub(super) fn deposit_event)]
+	pub enum Event<T: Config> {
+		/// A transaction fee `actual_fee`, of which `tip` was added to the minimum inclusion fee,
+		/// has been paid by `who` in an asset `asset_id`.
+		AssetTxFeePaid {
+			who: T::AccountId,
+			actual_fee: BalanceOf<T>,
+			tip: BalanceOf<T>,
+			asset_id: Option<ChargeAssetIdOf<T>>,
+		},
+	}
 }
 
 /// Require the transactor pay for themselves and maybe include a tip to gain additional priority
@@ -213,6 +228,8 @@ where
 		Self::AccountId,
 		// imbalance resulting from withdrawing the fee
 		InitialPayment<T>,
+		// asset_id for the transaction payment
+		Option<ChargeAssetIdOf<T>>,
 	);
 
 	fn additional_signed(&self) -> sp_std::result::Result<(), TransactionValidityError> {
@@ -240,7 +257,7 @@ where
 		len: usize,
 	) -> Result<Self::Pre, TransactionValidityError> {
 		let (_fee, initial_payment) = self.withdraw_fee(who, call, info, len)?;
-		Ok((self.tip, who.clone(), initial_payment))
+		Ok((self.tip, who.clone(), initial_payment, self.asset_id))
 	}
 
 	fn post_dispatch(
@@ -250,7 +267,7 @@ where
 		len: usize,
 		result: &DispatchResult,
 	) -> Result<(), TransactionValidityError> {
-		if let Some((tip, who, initial_payment)) = pre {
+		if let Some((tip, who, initial_payment, asset_id)) = pre {
 			match initial_payment {
 				InitialPayment::Native(already_withdrawn) => {
 					pallet_transaction_payment::ChargeTransactionPayment::<T>::post_dispatch(
@@ -273,6 +290,12 @@ where
 						tip.into(),
 						already_withdrawn.into(),
 					)?;
+					Pallet::<T>::deposit_event(Event::<T>::AssetTxFeePaid {
+						who,
+						actual_fee,
+						tip,
+						asset_id,
+					});
 				},
 				InitialPayment::Nothing => {
 					// `actual_fee` should be zero here for any signed extrinsic. It would be
diff --git a/substrate/frame/transaction-payment/asset-tx-payment/src/tests.rs b/substrate/frame/transaction-payment/asset-tx-payment/src/tests.rs
index ad5bc3f22e57fa67b8fa94ce9ae530945176b71c..08b17a6bf459c4ea201d9076a3a80e8cf497d494 100644
--- a/substrate/frame/transaction-payment/asset-tx-payment/src/tests.rs
+++ b/substrate/frame/transaction-payment/asset-tx-payment/src/tests.rs
@@ -51,7 +51,7 @@ frame_support::construct_runtime!(
 		TransactionPayment: pallet_transaction_payment::{Pallet, Storage, Event<T>},
 		Assets: pallet_assets::{Pallet, Call, Storage, Event<T>},
 		Authorship: pallet_authorship::{Pallet, Call, Storage},
-		AssetTxPayment: pallet_asset_tx_payment::{Pallet},
+		AssetTxPayment: pallet_asset_tx_payment::{Pallet, Event<T>},
 	}
 );
 
@@ -198,6 +198,7 @@ impl HandleCredit<AccountId, Assets> for CreditToBlockAuthor {
 }
 
 impl Config for Runtime {
+	type Event = Event;
 	type Fungibles = Assets;
 	type OnChargeAssetTransaction = FungiblesAdapter<
 		pallet_assets::BalanceToAssetBalance<Balances, Runtime, ConvertInto>,
@@ -663,7 +664,7 @@ fn post_dispatch_fee_is_zero_if_pre_dispatch_fee_is_zero() {
 				.unwrap();
 			// `Pays::No` implies no pre-dispatch fees
 			assert_eq!(Assets::balance(asset_id, caller), balance);
-			let (_tip, _who, initial_payment) = &pre;
+			let (_tip, _who, initial_payment, _asset_id) = &pre;
 			let not_paying = match initial_payment {
 				&InitialPayment::Nothing => true,
 				_ => false,