TaxTMI 
TaxTMI 
General Guidelines for implementation of e-payment of Refund/ Rebate
X X X X Extracts X X X X
X X X X Extracts X X X X
.... for implementation of e-payment of Refund/ Rebate - reg. Attention of all the Importers, Customs Brokers and Members of the Trade is invited to the Board's Circular No. 1013/ 1/2016-CX dated 12.01.2016 on the above subject regarding the procedure for payment of refund. 2. In order to speed up the transfer of the refund directly to the beneficiary's bank account after sanction of the ref....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e Custom House, Kolkata jurisdiction (INCCU4) to make e-payment of refund/ rebate through such designated bank only. d) The bank may charge the refund claimant fee for remitting refund amount through RTGS/NEFT as per RBI guidelines and the claimant would get only the net amount. This should be quantified and fixed in consultation with the designated bank for payment to the claimant's account....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rebate amount. (iii) A soft copy of the above statement to the banks 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....
X X X X Extracts X X X X
X X X X Extracts X X X X
....f the fund to the claimant's bank account and should be collected from the bank at periodical intervals alongwith a periodic report to be prescribed by the Commissioner. b) After the transfer of the sanctioned refund amount to the beneficiary's account, UTR reports received from the bank should be sent by the refund sanctioning authority to the PAO concerned at the end of each month encl....