Refund - Online Processing

[Rudrayani Shedjale]

Hello

can anyone tell me, since when the NEFT/RTGS of excise refunds have been started?

the circular No.1013/1/2016-CX is dated 12.01.2016 but in that its is mentioned as these instructions shall be put in place by the field formations by 10.02.2016.

also please advise w need to give only Annexure A to be certified by our bank to excise jurisdiction ?

AI Summary

E-payment of excise refunds: bank-certified one-time authorization required for electronic refund credits across designated zones.
The circular mandates e-payment of refunds/rebate by NEFT/RTGS with a required one-time authorization in duplicate certified by the beneficiary bank on Annexure A; one copy stays with the department and one is sent to the bank with the first refund sanction order. The facility is operational in certain Central Excise zones and other zones are to contact them for implementation; the change addresses cheque transmission failures and prompts questions on supporting export documentation for electronic refund processing.