E-payment of Refund/Rebate amounts - Central Excise - CENTRAL EXCISE TRADE NOTICE NO.01/2016 B-II

OFFICE OF THE COMMISSIONER OF THE CENTRAL EXCISE: BENGALURU - II COMMISSIONERATE: 5TH FLOOR: C.R.BUIDLING: P.B.NO.5400: QUEEN'S ROAD: BENGALURU -560 001. C.NO.IV/16/61 /2015 Tech B-II DATED 08.02.2016 CENTRAL EXCISE TRADE NOTICE NO.01/2016 B-II Sub: E-payment of Refund/Rebate amounts Ref: CBEC Circular No. 1013/1/2016-CX dated 12th January, 2016 The Trade, Industry and Public are hereby informed that the Central Board of Excise Customs, to promote ease of doing business has issued guidelines to speed up the transfer of fund directly to the beneficiary's bank account through e-payment after sanction of the Refund/Rebate claims with effect from 10th February, 2016. 2. The procedure to provide the facility of e-payment of Refund/Rebate amounts is given as below; PROCEDURE FOR E-PAYMENT: (a) While filing Refund/Rebate claim for the first time, the claimants shall provide one-time authorization in duplicate, duly certified by the beneficiary bank in a prescribed format enclosed as Annexure-A. One copy shall be retained by the department and one copy shall be sent to the bank with the first refund sanction order of the applicant. (b) The refund sanctioning authority would forward to the authorized bank at periodic intervals: i) a signed statement enclosed as Annexure-B of sanctioned orders which inter alia contains details of the beneficiaries and the amounts sanctioned, ii) a cheque in favour of the bank as mentioned above for the consolidated Refund/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 along with 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 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. PROCEDURE FOR RECONCILIATION: a) A UTR (Unique Transaction Reference) is to be generated for each transfer of funds to the beneficiary's account by the bank. This UTR is a bank's acknowledgment evidencing the transfer of the fund to the claimant's bank account and should be collected from the bank at periodical intervals along with a periodic report. b) After transfer of the sanctioned Rebate/Refund amount to the beneficiary's account, UTR's report received from the bank should be sent by the refund sanctioning authority to the PAO concerned at the end of each month enclosing the details of cheques issued with date and amount. A sample copy of the enclosure to the letter to PAO is enclosed as Annexure-C-I C-II. c) After transfer of the amounts to the claimants, the bank shall generate 'periodic scroll' containing the details of Rebate/Refund amount sanctioned to various claimants along with other details as necessary and send the same to the PAC) , Central Excise, Bengaluru giving details of receipt of consolidated cheques and payments made by the bank. d) The PAO may be requested to reconcile the cheques issued by the field formations in respect of the Rebate/Refund with the periodic scroll 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. 3. For all fresh claims filed on or after 10.02.2016, the claimants shall provide one time authorization in duplicate duly certified by the beneficiary bank in the format Annexure A enclosed to this Trade Notice along with a cancelled cheque containing IFS code. For all subsequent claims, the claimant shall produce a self attested copy of the authorization already submitted to the refund sanctioned authority. 4. For all pending claims, where refund orders have not been issued before 10.02.2016, the claimants shall provide immediately the necessary authorization in duplicate duly certified by the beneficiary bank. 5. All the refund sanctioned authorities are authorized to order for payment of refund under the system or Electronic payment of rebate/refund amounts through RTGS/NEFT facility, through Authorized Bank as detailed below:- Sl. No Refund sanctioning authority Name Address of the bank 1 Deputy/Assistant Commissioner Central Excise, Peenya-l Division Phone:-080 2248743, Fax:-22489926 Email:- [email protected] State Bank of India, Bangalore Main Branch, St. Marks Road, Bangalore- 560 001 Phone: 080-22107344 2 Deputy/ Assistant Commissioner Central Excise, Peenya-ll Division Phone:- 080 22489062, Fax:- 22489925 email:- [email protected] 3 Deputy/ Assistant Commissioner Central Excise, Dabaspet Division Phone:- 080 22238395, Fax:- 22236242 email:- [email protected] 4 Deputy/ Assistant Commissioner Central Excise, Jalahalli Division email:- [email protected] 5 Deputy/Assistant Commissioner Central Excise, Dasanapura Division Phone:- 080 22218486, email:[email protected] In case of any difficulty, the claimant may contact their jurisdictional Deputy/Assistant Commissioner of Central Excise before whom the Refund/Rebate claims have been filed. The contents of this Trade Notice may be brought to the notice of all the members of trade, exporters and other stakeholders. (M V S Choudary) Commissioner Bangalore II Commissionerate