Refund/ Rebate claim- Direct credit of refund/ rebate to exporter's credit by way of electronic payment under RTGS/ NEFT facility-Procedures

Refund/ Rebate claim- Direct credit of refund/ rebate to exporter's credit by way of electronic payment under RTGS/ NEFT facility-Procedures https://www.taxtmi.com/circulars?id=61615 Direct electronic remittance of sanctioned export refund/rebate amounts is implemented via RTGS/NEFT through specified Syndicate Bank branches; claimants must provide a one-time bank-certified authorisation (Annexure-A). Designated Assistant Commissioners will submit consolidated signed statements (Annexure-B) and an e-mail to the bank with a weekly consolidated cheque; the bank will verify details, effect remittances, and deduct applicable RTGS/NEFT charges per RBI, with authorized officers and PAO following CBEC e-payment and reconciliation procedures. en-us Tue, 16 Feb 2016 00:00:00 +0530 Wed, 26 Jun 2019 15:52:00 +0530 TaxTMI RSS Generator Refund/ Rebate claim- Direct credit of refund/ rebate to exporter's credit by way of electronic payment under RTGS/ NEFT facility-Procedures https://www.taxtmi.com/circulars?id=61615 Direct electronic remittance of sanctioned export refund/rebate amounts is implemented via RTGS/NEFT through specified Syndicate Bank branches; claimants must provide a one-time bank-certified authorisation (Annexure-A). Designated Assistant Commissioners will submit consolidated signed statements (Annexure-B) and an e-mail to the bank with a weekly consolidated cheque; the bank will verify details, effect remittances, and deduct applicable RTGS/NEFT charges per RBI, with authorized officers and PAO following CBEC e-payment and reconciliation procedures. Circulars Central Excise Tue, 16 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61615