Introduction of electronic payment/remittance of sanctioned refund amounts by way of RTGS/ NEFT facility offered by the SBI, Kandla for every sanctioned refund claims

Introduction of electronic payment/remittance of sanctioned refund amounts by way of RTGS/ NEFT facility offered by the SBI, Kandla for every sanctioned refund claims https://www.taxtmi.com/circulars?id=62317 Electronic payment of sanctioned refund claims via RTGS/NEFT through SBI Kandla replaces manual cheque dispatch. Claimants must submit a one-time bank-certified authorization; the sanctioning authority sends a signed statement of sanctioned orders, a consolidated cheque, and a soft copy to the bank. The bank credits individual accounts after deducting applicable NEFT/RTGS charges. Reconciliation uses bank-generated UTRs and periodic scrolls; UTR reports and cheque details are forwarded to the PAO monthly for reconciliation and discrepancy reporting. en-us Tue, 09 Feb 2016 00:00:00 +0530 Mon, 09 Sep 2019 13:11:00 +0530 TaxTMI RSS Generator Introduction of electronic payment/remittance of sanctioned refund amounts by way of RTGS/ NEFT facility offered by the SBI, Kandla for every sanctioned refund claims https://www.taxtmi.com/circulars?id=62317 Electronic payment of sanctioned refund claims via RTGS/NEFT through SBI Kandla replaces manual cheque dispatch. Claimants must submit a one-time bank-certified authorization; the sanctioning authority sends a signed statement of sanctioned orders, a consolidated cheque, and a soft copy to the bank. The bank credits individual accounts after deducting applicable NEFT/RTGS charges. Reconciliation uses bank-generated UTRs and periodic scrolls; UTR reports and cheque details are forwarded to the PAO monthly for reconciliation and discrepancy reporting. Circulars Customs Tue, 09 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62317