Exporters' refund and rebate payments will be credited via RTGS/NEFT; claimants must submit bank certified authorisation and may bear charges. Mandates electronic payment of sanctioned export refund/rebate amounts via RTGS/NEFT from 01.01.2013. Claimants must submit a bank certified One Time Authorisation (Annexure A) on filing fresh claims; Authorisations are valid for one financial year, serialised and entered in an Authorisation Register (Annexure C). Pending claims require Authorisation by 15.01.2013. Divisional DC/AC shall submit Annexure B with a consolidated cheque to the authorised SBI branch for remittance; the Bank will remit net amounts after RTGS/NEFT charges and return remittance details; Refund Orders must record UTR numbers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exporters' refund and rebate payments will be credited via RTGS/NEFT; claimants must submit bank certified authorisation and may bear charges.
Mandates electronic payment of sanctioned export refund/rebate amounts via RTGS/NEFT from 01.01.2013. Claimants must submit a bank certified One Time Authorisation (Annexure A) on filing fresh claims; Authorisations are valid for one financial year, serialised and entered in an Authorisation Register (Annexure C). Pending claims require Authorisation by 15.01.2013. Divisional DC/AC shall submit Annexure B with a consolidated cheque to the authorised SBI branch for remittance; the Bank will remit net amounts after RTGS/NEFT charges and return remittance details; Refund Orders must record UTR numbers.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
