Payment of Refund/Rebate through e-payment

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....s issued guidelines to speed up the transfer of fund directly 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....

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....transfer of the sanctioned Rebate/Refund amount to the beneficiary's account, UTR's report received from the 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 ....

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....Mysore Bank Circle, Bengaluru - 560002 Phone: 080-22107344 Fax: 080-22107343 Email: [email protected] 2 Assistant Commissioner Central Excise, Kanakapura Division Phone:- 080 22100545, Fax:- 22100546 email:- [email protected] 3 Assistant Commissioner Central Excise, Rajajinagar Division Phone:-22222308, Fax:-22222314 Email:- [email protected] 4 Assistant Commissioner Central Excise, Jayanagar Division Phone:-22133511, Fax-22133512 Email:- [email protected] In case of any difficulty, the claimant may contact their jurisdictional Assistant Commissioner of Central Excise before whom the Refund/Rebate claims have been filed. The contents of this T....

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.... law or otherwise warranted. Place: Date: Signature.... Name......... Enclosed: (1) Photocopy of a cancelled blank cheque. Designation (Proprietor/Partner/Director/Authorized Signatory BANK VERIFICATION Certified that above details are tallied with bank record and found correct Note Signature. Name........ Seal of the Bank 1. In case the authorization is signed by authorized signatory, the Bank Manager, shall verify and confirm that said authorised signatory is indeed authorised by the firm/company, to transact with the Bank. 2. All information detailed above shall be mandatorily filed/provided. Document 2 Annexure-B OFFICE OF THE ASST/DY COMMISSIONER C No. To Syndicate Bank, ....