Payment of Refund/Rebate through e-payment

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....ly to the beneficiary's bank account through e-payment after sanction of the Refund/Rebate claims with effect from 10th February, 2016. 2. The procedure to provide the facility of e-payment of Refund/Rebate amounts is given as below; PROCEDURE FOR E-PAYMENT: (a) While filing Refund/Rebate claim for the first time, the claimants shall provide one-time authorization in duplicate, duly certified by the beneficiary bank in a prescribed format enclosed as Annexure-A. One copy shall be retained by the department and one copy shall be sent to the bank with the first refund sanction order of the applicant. (b) The refund sanctioning authority would forward to the authorized bank at periodic intervals: i) a signed statement enclosed....

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....bank should be sent by the refund sanctioning authority to the PAO concerned at the end of each month enclosing the details of cheques issued with date and amount. A sample copy of the enclosure to the letter to PAO is enclosed as Annexure-C-l & C-ll. c) After transfer of the amounts to the claimants, the bank shall generate 'periodic scroll' containing the details of Rebate/Refund amount sanctioned to various claimants along with other details as necessary and send the same to the PAO , Central Excise, Bengaluru giving details of receipt of consolidated cheques and payments made by the bank. d) The PAO may be requested to reconcile the cheques issued by the field formations in respect of the Rebate/Refund with the periodic sc....