Introduction of facility of payment of rebate / refund claims amount Directly to the Assesee / Exporters' Bank Account

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....ade Facility No. 06/2012 (C.Ex.,) General No.4/2012 Sub:- Introduction of facility of payment of rebate / refund claims amount Directly to the Assesee / Exporters' Bank Account - Reg. Consequent to sanction of rebate / refund claims by the competent authority, cheques are being issued and the same are sent by Registered Post or issued by hand to the authorized person. The present procedure....

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....h claims filed on or after 01.06.2012/ the claimants shall provide one time authorization in duplicate in the format enclosed to this Trade Facility in original along with a cancelled cheque containing IFS code. (ii) For all pending claims, where refund / rebate orders have not been issued, the claimants shall provide the necessary authorization immediately. If the authorization is submitted (i....

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....ebate amount, the bank would credit the rebate/ refund amount to the respective accounts of the claimants through NEFT/RTGS after deducting the applicable NEFT / RTGS charges as per RBI guidelines. 3. In case of any difficulty, the assessee /exporters may contact their Jurisdictional Assistant/Deputy Commissioner of the Division or Additional Commissioner (Tech.,), Headquarters Office, Hyderabad....