TaxTMI 
TaxTMI 
Introduction of facility of payment Tax Refund claim amount directly to Exporters Bank account instead of issuance of cheques
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 500 001 C. No. IV/16/1987/2014 ST (T) Div-I Date :23.06.2016 Trade Facilitation Notice No. 06/2016 Sub: Introduction of facility of payment Tax Refund claim amount directly to Exporters Bank account instead of issuance of cheques - Reg. 1. Attention of the members of Trade, Industry and all concerned is invited to the subject matter mentioned above. At present, as a matter of pract....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e procedure under the new facility is as under : i. All claimants shall provide one time authorization in duplicate in the format annexed to this Trade Facilitation Notice in original by 30^th June 2016. ii. The Service Tax Divisions would forward a statement on a weekly basis on every Friday to the State Bank of India, SBH-Treasury Branch, Hyderabad, in soft copy through email a....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ranch, A/c No. and the total amount transferred, after deducting the applicable Bank charges to the concerned Divisions on weekly basis. v. Concerned Divisional Office, after receipt of scroll from Bank mentioned in Para (iii) above, will state all the details in relevant Refund file, and deface all the original documents of claim submitted by claimant and complete the claim file, Then it....
X X X X Extracts X X X X
X X X X Extracts X X X X
....NER ============= Document 1 To AUTHORIZATION The Deputy/Assistant Commissioner Madam/Sir Subject: Authorization for Refund/Rebate- Reg. @ @ @ I/WE authorize payment /credit of sanctioned rebate/refund amount of Central Excise/Service Tax for all my rebate/refund claims filed at your office directly to my bank account through RTGS/NEFT after deduction of applicable RTG....