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TMI BlogProcedure for e-payment of refund/rebate for implementationX X X X Extracts X X X X X X X X Extracts X X X X ..... based exemption Notifications)/rebate. Presently the field formations follow the manual handing-over/despatch of cheques for payment of refund/rebate. Consequent to the sanction of refund/rebate claims by the competent authority, cheques are being issued and the same are sent by either registered post or handed over to authorized persons. The present procedure entails paper work, manpower deployment by the claimants and delay in payment of refunds. 2. In order to speed up the transfer of the fund directly to the beneficiary's Bank Account after sanction of the refund/rebate claim and thereby promote ease of doing business, the Central Board of Excise Customs, New Delhi vide Circular No.1013/1/2016-CX dated 12.01.2016 has ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... low are authorized DDOs to issue Cheques for disbursal of Refund/ Rebate hitherto in respect of the Refund/ Rebate Sanctioned by authorities mentioned in corresponding Col.3 of the said TABLE. Sl. No. Cheque issuing authority Refund/ Rebate sanctioning authority Name of Bank 1. 2. 3. 4. 1 Deputy/Assistant Commissioner, Central Excise Division-I, Guwahati Deputy/Assistant Commissioner, Central Excise Division-I, Guwahati State Bank o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ies as at Col.3, the DDO shall issue a cheque for consolidated refund/rebate amount. They would forward to the authorized bank at periodic intervals: i) a signed statement (copy of sample format 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 email. d) The authorities at Col.2 of the TABLE above 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 (Anne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ry and send the same to the PAO concerned giving details of receipt of consolidated cheques and payments made by the bank. d) The PAO shall 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. Assessees who are availing Self Credit of Refund under Notifications No.32/99-CE or 33/99-CE, both dated 08.07.1999, as amended, or No.20/07-CE dated 25.04.2007, as amended, shall continue to avail Self Credit of monthly refund in their Account Current under the respective Notifications. 4. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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