https://www.taxtmi.com/circulars?id=60816 A system of electronic payment of refunds/rebates requires direct credit to the assessee's/exporter's bank account via RTGS/NEFT through designated authorized banks. Claimants must submit a one time bank certified authorization and a cancelled cheque for fresh claims, with self attested copies for subsequent claims and similar certification for pending claims by the specified deadline. Refund sanctioning authorities will forward a signed beneficiary statement, a consolidated cheque, original authorizations (retaining duplicates), and a soft copy to the bank; banks will credit accounts after deducting applicable RTGS/NEFT charges recoverable from claimants. en-us Thu, 03 Mar 2016 00:00:00 +0530 Mon, 06 May 2019 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60816 A system of electronic payment of refunds/rebates requires direct credit to the assessee's/exporter's bank account via RTGS/NEFT through designated authorized banks. Claimants must submit a one time bank certified authorization and a cancelled cheque for fresh claims, with self attested copies for subsequent claims and similar certification for pending claims by the specified deadline. Refund sanctioning authorities will forward a signed beneficiary statement, a consolidated cheque, original authorizations (retaining duplicates), and a soft copy to the bank; banks will credit accounts after deducting applicable RTGS/NEFT charges recoverable from claimants. Circulars Central Excise Thu, 03 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60816