Introduction of facility of e-payment of refund/rebate claims amount Directly to the Exporter’s Bank Account

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....NO.12/2016 TRADE FACILITY Sub: Introduction of facility of e-payment of refund/rebate claims amount Directly to the Exporter's Bank Account - Reg. 1. Kind attention of all the Importers, Exporters, Customs Brokers and the Members of the Trade is invited to the Board's Circular No.1013/1/2016- CX, dated 12.01.2016 for e-payment of refund/rebate. In order to speed up the transfer of the fund dir....

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....o the State Bank of India, Port Branch, Visakhapatnam (Local point branch) a soft copy through e-mail and a hard copy under signature of the Assistant/Deputy Commissioner of Customs [Refund Sanctioning Authority], alongwith a cheque for the consolidated rebate / refund amount. A copy of the Authorization letter from the claimant will be retained by the rebate / refund section. iv) Upon receipt ....

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....amount of the beneficiary's account, UTR's report received from the bank should be sent by the refund sanctioning authority to the PAO is [enclosed as Annexure-D]. c. After transfer of the amounts to the claimants, the bank shall generate periodic scroll containing the details of refund amount sanctioned to various claimants along with other details as necessary and send the same to the PAO con....