Electronic payment of export refunds via RTGS/NEFT requires bank-certified one-time authorisation; bank may deduct applicable transfer fees. Direct electronic remittance of sanctioned export refund/rebate amounts is implemented via RTGS/NEFT through specified Syndicate Bank branches; claimants must provide a one-time bank-certified authorisation (Annexure-A). Designated Assistant Commissioners will submit consolidated signed statements (Annexure-B) and an e-mail to the bank with a weekly consolidated cheque; the bank will verify details, effect remittances, and deduct applicable RTGS/NEFT charges per RBI, with authorized officers and PAO following CBEC e-payment and reconciliation procedures.
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.
Electronic payment of export refunds via RTGS/NEFT requires bank-certified one-time authorisation; bank may deduct applicable transfer fees.
Direct electronic remittance of sanctioned export refund/rebate amounts is implemented via RTGS/NEFT through specified Syndicate Bank branches; claimants must provide a one-time bank-certified authorisation (Annexure-A). Designated Assistant Commissioners will submit consolidated signed statements (Annexure-B) and an e-mail to the bank with a weekly consolidated cheque; the bank will verify details, effect remittances, and deduct applicable RTGS/NEFT charges per RBI, with authorized officers and PAO following CBEC e-payment and reconciliation procedures.
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