E-payment of refunds via RTGS/NEFT: refunds to be routed through authorized banks with UTR-based reconciliation. Electronic payment is required for customs refund/rebate disbursals through RTGS/NEFT via authorized banks; claimants must furnish a one-time bank-certified authorization, and refund authorities must forward consolidated signed statements, a consolidated cheque, and electronic copies to the bank. Banks will credit beneficiary accounts after permitted deductions and supply Unique Transaction References for each transfer. Periodic bank scrolls and UTR reports are to be sent to the PAO for reconciliation of cheques and payments, with field formations implementing the system and addressing discrepancies through verification and compliance reporting.
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.
E-payment of refunds via RTGS/NEFT: refunds to be routed through authorized banks with UTR-based reconciliation.
Electronic payment is required for customs refund/rebate disbursals through RTGS/NEFT via authorized banks; claimants must furnish a one-time bank-certified authorization, and refund authorities must forward consolidated signed statements, a consolidated cheque, and electronic copies to the bank. Banks will credit beneficiary accounts after permitted deductions and supply Unique Transaction References for each transfer. Periodic bank scrolls and UTR reports are to be sent to the PAO for reconciliation of cheques and payments, with field formations implementing the system and addressing discrepancies through verification and compliance reporting.
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