Introduction of facility of payment of rebate / refund claims amount Directly to the Assessee/Exporters' Bank Account - Reg. - Central Excise - 898/09/2012

Office of the Commissioner of Central Excise, Customs Service Tax P. O. Box No. 81, Telangkhedi Road, Civil Lines, Nagpur 440 001. C. No. : IV(16)30-15/2012/Tech/ Nagpur, Dated 22nd October, 2012. TRADE NOTICE NO. : 898/09/2012 DATED 22/10/2012. Subject :- Introduction of facility of payment of rebate / refund claims amount Directly to the Assessee/Exporters' Bank Account - Reg. ******************** Consequent to sanction of rebate / refund claims by the competent authority, cheques are being issued and the same are sent by Registered Post or issued by hand to the authorized person. llle present procedure entails of paper work and man power deployment by the claimants as authorized persons are required to visit the departmental offices for collection of rebate / refund cheques. There are also instances where cheques are returned due to incomplete address or change in address or some other clerical errors. All these lead to delay in realization of refund/rebate amounts by the claimants. Therefore, as a trade facilitation measure, the facility for payment of rebate / refund amount directly to assessee / exporter's bank account instead of by way of issue of cheque is being introduced for all refunds / rebates sanctioned from Nagpur I, II, Amravati, Bhandara, Chandrapur of Nagpur Commissionerate, Nagpur. 2. The procedure under the new facility is as under :- (i) For all fresh claims filed on or after 01.11.2012, the claimants shall provide one time authorization in duplicate in the format enclosed to this Trade Facility in original along with a cancelled cheque containing IFS code. (ii) For all pending claims, where refund / rebate orders have not been issued, the claimants shall provide the necessary authorization immediately. If the authorization is submitted (in original) with the fresh claims, a self attested copy of the authorization may be given. (iii) The Rebate/Refund Sanctioning Authorities in the Commissionerate, viz., Assistant /Deputy Commissioners of Central Excise, in charge of Division-I, II, Nagpur, Amravati, Bhandara and Chandrapur would forward a statement at regular intervals to the State Bank of India, Chhawani, Branch, Sadar, Nagpur, soft copy through e-mail and hard copy under the signature of the Assistant /Deputy Commissioner along with a cheque for the consolidated refund / rebate amount. A copy of the authorization letter from the exporter will be retained by the respective Divisional offices. (iv) Upon receipt of the statement signed by the Assistant / Deputy Commissioner and the cheque for the consolidated refund / rebate amount, the bank would credit the rebate/ refund amount to the respective accounts of the claimants through NEFT/RTGS after deducting the applicable NEFT/RTGS charges as per RBI guidelines. 3. In case of any difficulty, the assessee /exporters may contact their Jurisdictional Assistant/Deputy Commissioner of the Division or Joint Commissioner (Tech.,), Headquarters Office, Nagpur Commissionerate. 4. The contents of this Trade Facility may be brought to the notice of all the members of trade, exporters and other stakeholders. Encl : As above (S. Ramesh) COMMISSIONER