Refund/rebate claim - Direct credit of refund/rebate to exporters credit by way of electronic payment under RTGS/NEFT facility - Procedure for reconciliation

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..... OF CENTRAL EXCISE NO.71, CLUB ROAD, BELGAUM - 590001 DATED 19.02.2016 CENTRAL, EXCISE GENERAL INSTRUCTION NO 01/2016 Subject: -Refund/rebate claim - Direct credit of refund/rebate to exporters credit by way of electronic payment under RTGS/NEFT facility - Procedure for reconciliation - Reg Please refer to Trade Notice No. 01/2016 dated 1 .....

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..... the PAO concerned, giving details of receipt of consolidated cheques and payments made by the bank. 5. The PAO shall reconcile the cheques received from the field formations in r/ o refund/ rebates with the periodic scrolls sent to them by the bank and report discrepancy, if any, to the filed formation concerned, who, in turn, would verify the same and send compliance report to the PAQ .....

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