General Guidelines for implementation of e-payment of Refund/ Rebate

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....eed up the transfer of the refund directly to the beneficiary's bank account after sanction of the refund claim and thereby promoting ease of doing business, the following procedure for e-payment of refunds/ rebate is hereby prescribed for implementation by all the concerned field formations (in both SAD refund and other than SAD refund cases) I. E-PAYMENT THROUGH AUTHORIZED BANKS a) The payment under the system of electronic payment of refund amounts through RTGS/ NEFT facility shall be made by the field formations through designated bank. b) The Reserve Bank of India, Kolkata will be the designated bank for epayment of refund for Commissionerate of Airport! Kolkata (INCCU4). c) The Commissioner, aft....

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....nks through e-mail. c) The refund sanctioning authority shall ensure that at least one signed statement of sanctioned orders alongwith a cheque for the consolidated refund/ rebate amount, in the prescribed format (Annexure- B), is forwarded to the authorized bank in a given month. The said statement shall cover the details of all the refund rebate orders sanctioned till the date of forwarding of the statement to the bank. d) Upon receipt of the statement signed by the refund sanctioning authority and the cheque for the consolidated refund amount, the bank would credit the refund amounts to the respective accounts of the claimants through NEFT/RTGS after deducting the applicable NEFT/RTGS charges as per RBI guidelines. The ....

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.... sent to them by the bank and report discrepancy, if any, to the field formation concerned who, in turn, would verify the same and send compliance report to the PAO. 5. This Public Notice shall be effective from 1st June,2016. 5. Difficulty, if any, in implementation of the above procedure may be brought to the notice of the undersigned. (Brojen Thamar) Principal Commissioner of Customs (Airport & Administration) Custom House Kolkata ============= Document 1 To The Deputy/Assistant Commissioner, Madam/Ser. AUTHORIZATION Annexure A Subject: Authorisation for Refund/Rebate - reg. 1/We authorize payment/credit of sanctioned rebate/refund amount of Central Excise/Service Tax for all my rebate/refund c....

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....uthorised by the firm/company to transact with the Bank All information detailed above shall be mandatorily filled/provided. Document 2 C. No. То The Branch Manager, Sir, Bank OFFICE OF THE ASST./ DY. COMMISSIONER Dated Annexure B 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 Rs during the period from dated ..for an amount of and a list of refund/rebate claims (in duplicate) sanctioned by the undersigned in favour of the beneficiary(s). whose details are provided as under- to SI No. Beneficiary Name Name of the Beneficiary Bank Beneficiary ....