Online Payment to the beneficiaries (firms) for their DBK/TED refund claims, by RAs of DGFT.

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....T. Regional Authorities (RAs) of DGFT disburses deemed export drawback and terminal excise duty as per provisions of FTP and HBP Vol. I. In order to facilitate this process and faster disbursal of such claims, it has been now decided that payment of such claims, henceforth, shall be made online. To give effect to this decision, RAs are required to take following actions:- (i) RAs would collect....

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....e will be issued to Central Bank of India and name of the Payee will be shown as "yourself". (iii) The cheque as drawn above will enclose lists of all firms, Bank wise, to whom payments are to be made. For example, if an RA has to make payment to five claimants and account of three claimants is with SBI and that of two claimants is with Oriental Bank of Commerce, in that case RA will make two lis....