https://www.taxtmi.com/circulars?id=60588 Procedure mandates electronic payment of sanctioned refunds/rebates through authorized banks using RTGS/NEFT, with claimants providing a one-time bank-certified authorization. Designated Divisional Deputy/Assistant Commissioners will issue consolidated cheques and forward signed statements (Annexure-B), cheques, and soft copies to the authorized bank, which will credit beneficiary accounts after deducting applicable charges. Banks must provide UTRs and periodic scrolls for monthly reconciliation by the PAO, who will match scrolls with issued cheques and report discrepancies for verification; self-credit provisions continue for eligible assessees. en-us Thu, 28 Apr 2016 00:00:00 +0530 Sat, 27 Apr 2019 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60588 Procedure mandates electronic payment of sanctioned refunds/rebates through authorized banks using RTGS/NEFT, with claimants providing a one-time bank-certified authorization. Designated Divisional Deputy/Assistant Commissioners will issue consolidated cheques and forward signed statements (Annexure-B), cheques, and soft copies to the authorized bank, which will credit beneficiary accounts after deducting applicable charges. Banks must provide UTRs and periodic scrolls for monthly reconciliation by the PAO, who will match scrolls with issued cheques and report discrepancies for verification; self-credit provisions continue for eligible assessees. Circulars Service Tax Thu, 28 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60588