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

Introduction of facility of payment of rebate / refund claims amount Directly to the Assesee / Exporters' Bank Account https://www.taxtmi.com/circulars?id=61275 Facility permitting payment directly to assessee/exporter bank accounts for rebate/refund claims, replacing cheque issuance. Fresh claims filed on or after 01.06.2012 require a one time authorization in duplicate with a cancelled cheque showing IFSC; pending claims without orders must submit authorization immediately. Divisional sanctioning authorities will forward periodic statements and a consolidated cheque to the bank, which will credit individual accounts via NEFT/RTGS after deducting applicable charges per RBI guidelines. Divisional offices retain a copy of the authorization and claimants may contact jurisdictional officers for difficulties. en-us Fri, 18 May 2012 00:00:00 +0530 Wed, 11 Feb 2026 15:58:18 +0530 TaxTMI RSS Generator Introduction of facility of payment of rebate / refund claims amount Directly to the Assesee / Exporters' Bank Account https://www.taxtmi.com/circulars?id=61275 Facility permitting payment directly to assessee/exporter bank accounts for rebate/refund claims, replacing cheque issuance. Fresh claims filed on or after 01.06.2012 require a one time authorization in duplicate with a cancelled cheque showing IFSC; pending claims without orders must submit authorization immediately. Divisional sanctioning authorities will forward periodic statements and a consolidated cheque to the bank, which will credit individual accounts via NEFT/RTGS after deducting applicable charges per RBI guidelines. Divisional offices retain a copy of the authorization and claimants may contact jurisdictional officers for difficulties. Circulars Central Excise Fri, 18 May 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61275