Introduction Of facility of payment of rebate/refund claim amount directly to Exporters Bank account instead of issuance of cheques - Central Excise - Trade Notice No: 1/2012

OFFICE OF THE COMMISSIONER OF CUSTOMS CENTRAL EXCISE HYDERABAD-IV COMMISSIONERATE POSNETT BHAVAN HYDERABAD-500 001 C. No. IV/16/51/2012-Tech Date: 15-05-2012 Trade Notice No: 1/2012 Sub:- Introduction Of facility of payment of rebate/refund claim amount directly to Exporters Bank account instead of issuance of cheques - reg. 1. Attention of the members of Trade, Industry and all concerned is invited to the subject matter mentioned above. At present, as a matter of practice, the amounts sanctioned towards rebate/ refund claims are being sent through cheques, which are delivered either by hand or by speed post. 2. The present procedure of sending cheques by hand or registered post is cumbersome and entails a lot of paperwork. Besides, there could be occasions when the cheques are returned back due to Incomplete address or change in address and other clerical errors. All these factors might lead to considerable delay in realization of the rebate/ refund amount by the claimants. To alleviate the hardship of the claimants, a facility for payment of rebate amount, directly to the exporters/ claimants bank account Instead of by way of cheques is being Introduced in the Hyderabad-IV Commissionerate, i.e., Divisional offices of Central Excise and Customs, (Divisions K, L, M, N) and Service Tax Divisions - I and II. 3. The procedure under the new facility is as under: i. For all fresh claims filed on or after 1st June, 2012, the claimants shall provide one tune authorization in duplicate in the format annexed to this Trade Facilitation Notice in original. ii. For all pending claims where rebate orders have not been Issued, the claimants shall provide the necessary authorization by 20th June, 2012. If the authorization has been submitted (in original) with the fresh claims, a self-attested copy of the authorization may be given. iii. The Central Excise/ Service Tax Divisions would forward a statement, on weekly basis on every Friday to the State Bank of India, Chirag Ali Lane Branch, in soft copy through email and a hard copy under the signature of the Assistant/ Deputy Commissioner (rebate, refund sanctioning authority along with the cheque for the consolidated rebate/ refund amount covering total amount of rebate refund claims processed and sanctioned, during the corresponding week, in the relevant Division. A copy of the authorization letter from the exporter will be retained by the concerned Division. iv. Upon receipt of the statement signed by the Assistant/ Deputy Commissioner and the cheque for the consolidated rebate/refund amount quantified in the above manner, the bank would make payment to the respective claimants in their accounts through NEFT/RTGS after deducting the applicable NEFT/RTGS charges as per RBI guidelines. The said Bank will forward a scroll Indicating the Name of Bank, Branch, A/c No and the total amount transferred, after deducting the applicable Bank charges to relevant Central Excise and Service Tax Divisions, on weekly basis. v. Concerned Divisional (Office, after receipt of scroll from Bank mentioned in para (iv) above, will state all the details in relevant Rebate / Refund file, and deface all the original documents of claim submitted by claimant and complete the claim file. Then it will be sent within 3 days to Hqrs. Audit for Post-Audit of the claim. Divisional AC/DC will endorse the copies of the order sanctioning the relevant claim, to all the offices/ authorities, as is being done at present. vi. There wilI be no change in the existing procedure of pre-audit in applicable cases. 3. A facilitation desk is operative in Hyderabad-IV Commissionerate and AC (Tech), Hqrs. will be in charge of the Desk. His telephone number is 24750491. Additionally, Superintendents (Tech) of each Division whose numbers are given below can be contacted in case of- any difficulty or if any information is required. Division Superintendent (Tel. No.) K 27954288 L 23200438 M 27751056 N 27750401 ST 24758800 (G. V. KRISHNA RAO) COMMISSIONER