Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Introduction of facility of payment of rebate/refund claims amount Directly to the assessee /exporters' Bank Account

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... G PB 5400 : QUEEN'S ROAD BANGALORE 560001 C. No. IV/06/01/2016/Tech-BI Date: 01.02.2016 TRADE NOTICE: 01/2016 SUB: 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 competen .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ommissionerate , Bangalore from 10.02.2016 onwards. 2. The following procedure is prescribed for implementation of the above facility' PROCEDURE i. 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 N .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Name of the bank. 1 Deputy/Astt. Commissioners of all Divisions i.e Attibele, Hebbagodi, Jigani, Koramangala and Marathahalli Divisions, Kendri asadan Koraman ala Bangalore Canara Bank, Cantonment Branch, M.G. Road, Bangalore iv. The refund sanctioning authority would forward to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... signed by refund sanctioning authorities and the cheque for the consolidated refund amount, the bank would credit the refund amount to the respective accounts of the claimants through NEFT/RTGS after deducting the applicable NEFT/TRGS charges as per RBI guidelines, 3. In case of any difficulty, the claimant may contact their jurisdictional Deputy/Astt. Commissioner. 4. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates