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<h1>EFT Process for DGFT Import Fees: Digital Filing, Fee Reductions, Refund Conditions, and Bank Requirements Explained</h1> The procedure for electronic fund transfer (EFT) for import application fees under DGFT schemes involves designated banks, including State Bank of India, Central Bank of India, and others. Applications must be filed electronically with a digital signature, and fees vary based on the value of goods and type of application. A 50% fee reduction applies to electronically filed applications. Refunds are possible under specific conditions, such as excess payment or erroneous deposits. Refund requests must be submitted within one year, extendable to three years on merit. The process requires an account with the designated bank and an ID and password for EFT.