TMI BlogPayment of Refund/Rebate through e-paymentX X X X Extracts X X X X X X X X Extracts X X X X ..... ent - Reg. Ref: CBEC Circular No. 1013/1/2016-CX dated 12th January, 2016 The Trade, Industry and Public are hereby informed that to promote ease of doing business the Central Board of Excise Customs, 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 immediate effect. 2. The p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctioned 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 claim ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nk 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 the date of issue of this Public Notice, the claimants shall pro ..... X X X X Extracts X X X X X X X X Extracts X X X X
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