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Introduction of facility of payment of rebate/refund claims amount Directly to the assessee /exporters' Bank Account

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....- 560 071 C. No. IV/16/26/2016 Tech B-V/940/16 Date: 10.02.2016 TRADE NOTICE No. 01/2016 SUB: Introduction of facility of payment of rebate/refund claims amount Directly to the assessee /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 handed over to the authorize....

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....on of the above facility' PROCEDURE i. For all fresh claims filed on or after 10.02.2016, the claimants shall provide one time authorization in duplicate duly certified by the beneficiary bank in the format Annexure A enclosed to this Trade Notice along with a cancelled cheque containing IFS code. For all subsequent claims, the claimant shall produce a self attested copy of the authorizati....

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....s i.e KR Puram & Hoskote Division, No.7, Girls School Street, Sheshadripuram, Bangalore-20 and Hebbal & Devasandra Division, TTMC, BMTC, Old Airport Road Domlur, Bangalore-71 Syndicate Bank, Service Branch (Focal Point Branch for Government Transactions)Avenue Road Entrance, Mysore Bank Circle, Bengaluru -560002 Ph: 080-22107344. iv. The refund sanctioning authority would forward to the above ....