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    <title>Disbursal of Drawback amounts into the exporters accounts through PFMS</title>
    <link>https://www.taxtmi.com/circulars?id=67466</link>
    <description>Disbursal of Duty Drawback will shift from cheque-based bank payments to electronic credit via the Public Finance Management System (PFMS). Customs officers will process Drawback scrolls in the Customs Automated System (CAS), which will automatically forward scrolls to a central nodal eDDO; the eDDO will consolidate and send All-India scrolls to the nodal ePAO for approval, after which amounts will be credited to exporters&#039; PFMS-linked bank accounts. Transitional actions include processing prior scrolls, issuing outstanding cheques, notifying PAO and bank of the last cheque number, and handling cheque books as specified.</description>
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    <pubDate>Wed, 29 May 2024 00:00:00 +0530</pubDate>
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      <title>Disbursal of Drawback amounts into the exporters accounts through PFMS</title>
      <link>https://www.taxtmi.com/circulars?id=67466</link>
      <description>Disbursal of Duty Drawback will shift from cheque-based bank payments to electronic credit via the Public Finance Management System (PFMS). Customs officers will process Drawback scrolls in the Customs Automated System (CAS), which will automatically forward scrolls to a central nodal eDDO; the eDDO will consolidate and send All-India scrolls to the nodal ePAO for approval, after which amounts will be credited to exporters&#039; PFMS-linked bank accounts. Transitional actions include processing prior scrolls, issuing outstanding cheques, notifying PAO and bank of the last cheque number, and handling cheque books as specified.</description>
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