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of <h1>New E-Payment Guidelines for Refunds and Rebates by Central Board of Excise Customs Effective February 10, 2016.</h1> The Central Board of Excise Customs has introduced guidelines for processing refund and rebate claims through e-payment to enhance business efficiency. Effective from February 10, 2016, claimants are required to provide a one-time bank authorization for electronic transfers. The refund sanctioning authority will forward details and a consolidated cheque to the authorized bank, which will then credit the refund to claimants' accounts via NEFT/RTGS. A reconciliation process involving Unique Transaction References (UTRs) ensures accuracy. Claimants must provide necessary documentation for both new and pending claims, and can contact their jurisdictional Assistant Commissioner for assistance.
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