Payment of Refund/Rebate through e-payment

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....ank account through e-payment after sanction of the Refund/ Rebate claims with immediate effect. 2. The procedure to provide the facility of e-payment of Refund/ Rebate 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 as Annexure-B of sanct....

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....eport 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-I & C-II. 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 , Customs, 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 Reb....

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....scent Road, Bangalore. Phone:- 22261326 Email:[email protected] State Bank of India, Bangalore Branch (0813), P.B.No.5310, State bank Road, Bangalore - 560 001. [email protected] In case of any difficulty, the claimant may contact their jurisdictional Assistant Commissioner of Customs before whom the Refund claims have been filed.  (R. B. TIWARI) PRINCIPAL COMMISSIONER ============= Document 1 To, Annexure-A 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 ba....

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....y, 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. CNo. Dated To Branch Manager, State Bank of India, ACC Branch, KIAL Bengaluru-5600 Sir, Annexure-B OFFICE OF THE ASST/DY COMMISSIONER Sub: Payment of refund claims amount directly to the assessee's/exporter's bank account through RTGS/ NEFT - Regarding. Please find enclosed herewith a Cheque No. ..dated ...for an amount of Rs........ the undersigned the to... and a list of refund/rebate claims(in duplicate) sanctioned by during in favour of the b....