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TMI BlogRefund/Rebate claim-Direct credit of Refund/ Rebate to Exporter's credit by way of Electronic payment under RTGS/ NEFT facility- ProceduresX X X X Extracts X X X X X X X X Extracts X X X X ..... 9. F. No. IV/ 16-103/MP/ 13-14 Date 24/03/2014 TRADE NOTICE No:- 06/2014 Subject:-Refund/Rebate claim-Direct credit of Refund/ Rebate to Exporter's credit by way of Electronic payment under RTGS/ NEFT facility- Procedures It has been brought to our notice that the present practice of issuing account payee cheques to th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d/ rebate received after 31-03-2014, the claimants shall provide One Time Authorization with claim of refund/ rebate filed by the assessee (in duplicate), duly certified by the beneficiary bank branch authorities, in the enclosed format as Annexure A, at the time of filing such, refund/ rebate claims, in favour of the Jurisdictional Divisional DC/ AC or Maritime Commissioner. For all subsequent re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... authorization Register. Format of Authorization Register is enclosed as Annexure C. (iii) In case of pending refund/ rebate claims as on 31-03-2014, where refund/ rebate has not been sanctioned or if sanctioned, has not been paid to the claimant, in those cases also the payment will be made through RTGS/NEFT facility of Bank of Baroda. For this purpose, such authorization is to be ob ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the cheque. (v) It is further clarified that bank may charge the refund claimant, the charges for remitting refund amount through RTGS/NEFT and refund claimant would get only the net amount. The jurisdictional divisional DC/AC/Maritime Commissioner shall issue the Refund Order after mentioning the payment/ remittance details i.e. UTR No. in the Refund / Rebate Order. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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