Introduction of facility of payment of rebate / refund claims amount Directly to the Assessee/Exporters' Bank Account

Introduction of facility of payment of rebate / refund claims amount Directly to the Assessee/Exporters' Bank Account - Reg. https://www.taxtmi.com/circulars?id=53565 Facility introduced to pay rebate/refund amounts directly to assessee/exporter bank accounts. Fresh claims on or after 01.11.2012 must include a one-time authorization in duplicate and a cancelled cheque with IFSC; pending claims require authorization if orders are not issued. Sanctioning authorities will send a signed consolidated statement and a cheque to the designated bank branch; the bank will credit individual accounts via NEFT/RTGS after deducting applicable charges. en-us Mon, 22 Oct 2012 00:00:00 +0530 Tue, 16 Jun 2015 15:41:00 +0530 TaxTMI RSS Generator Introduction of facility of payment of rebate / refund claims amount Directly to the Assessee/Exporters' Bank Account - Reg. https://www.taxtmi.com/circulars?id=53565 Facility introduced to pay rebate/refund amounts directly to assessee/exporter bank accounts. Fresh claims on or after 01.11.2012 must include a one-time authorization in duplicate and a cancelled cheque with IFSC; pending claims require authorization if orders are not issued. Sanctioning authorities will send a signed consolidated statement and a cheque to the designated bank branch; the bank will credit individual accounts via NEFT/RTGS after deducting applicable charges. Circulars Central Excise Mon, 22 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53565