Introduction of new facility for payment of refund amount directly to Importers Bank Accounts instead of by way of issuing of cheques reg.

Introduction of new facility for payment of refund amount directly to Importers Bank Accounts instead of by way of issuing of cheques reg. https://www.taxtmi.com/circulars?id=55280 An optional facility allows direct payment of SAD and other refunds to importers' bank accounts: claimants must submit a duplicate authorization; Refund Orders will be marked for bank payment and forwarded (not handed over) to Cash & Accounts, which will verify status, prepare a daily scroll and send it with a consolidated cheque to the bank; the bank will credit accounts via NEFT/RTGS after deducting service and transfer charges and inform importers by e-mail. The facility applies to claims filed after the notice and may be extended to certain past claims on request. en-us Tue, 16 Feb 2010 00:00:00 +0530 Mon, 05 Dec 2016 11:29:00 +0530 TaxTMI RSS Generator Introduction of new facility for payment of refund amount directly to Importers Bank Accounts instead of by way of issuing of cheques reg. https://www.taxtmi.com/circulars?id=55280 An optional facility allows direct payment of SAD and other refunds to importers' bank accounts: claimants must submit a duplicate authorization; Refund Orders will be marked for bank payment and forwarded (not handed over) to Cash & Accounts, which will verify status, prepare a daily scroll and send it with a consolidated cheque to the bank; the bank will credit accounts via NEFT/RTGS after deducting service and transfer charges and inform importers by e-mail. The facility applies to claims filed after the notice and may be extended to certain past claims on request. Circulars Customs Tue, 16 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55280