https://www.taxtmi.com/circulars?id=62165 Sanctioned refund/rebate payments will be made by electronic transfer (NEFT/RTGS) after claimants submit a bank certified one time authorization (Annexure A). The refund authority forwards a signed consolidated statement (Annexure B), a consolidated cheque and an electronic copy to the authorized bank, which credits beneficiary accounts after deducting RBI prescribed charges. Banks must generate UTRs and periodic scrolls; the sanctioning authority forwards UTR reports monthly to the PAO for reconciliation and discrepancy reporting. en-us Mon, 22 Feb 2016 00:00:00 +0530 Mon, 12 Aug 2019 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62165 Sanctioned refund/rebate payments will be made by electronic transfer (NEFT/RTGS) after claimants submit a bank certified one time authorization (Annexure A). The refund authority forwards a signed consolidated statement (Annexure B), a consolidated cheque and an electronic copy to the authorized bank, which credits beneficiary accounts after deducting RBI prescribed charges. Banks must generate UTRs and periodic scrolls; the sanctioning authority forwards UTR reports monthly to the PAO for reconciliation and discrepancy reporting. Circulars Customs Mon, 22 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62165