Introduction of facility of payment Tax Refund claim amount directly to Exporters Bank account instead of issuance of cheques

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.... 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 practice, the amounts sanctioned towards service tax refun....

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....All claimants shall provide one time authorization in duplicate in the format annexed to this Trade Facilitation Notice in original by 30th 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 and a hard copy under the signature of the Assistant / Deputy Commiss....

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....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 will be sent within 3 days to Hqrs. Audit for Post-Audit of the claim. Divisional AC/....