9911796707
TMI BlogIntroduction of electronic payment/remittance of sanctioned refund amounts by way of RTGS/ NEFT facility offered by the SBI, Kandla for every sanctioned refund claimsX X X X Extracts X X X X X X X X Extracts X X X X ..... Dated: 09.02.2016 Facility Notice No. 07/2016 Sub: Introduction of electronic payment/remittance of sanctioned refund amounts by way of RTGS/ NEFT facility offered by the SBI, Kandla for every sanctioned refund claims Kind attention is invited to the procedure followed by the field formations for payment of refund. Presently, most of the field formation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Kandla for every sanctioned refund claims. It not only speeds up the transfer of the fund directly to the beneficiary's bank account but also reduces the personal interface. 3. The following procedure for e-payment of refund is hereby prescribed for implementation: I. E-Payment through Authorized Banks. a) The sanctioned refund payments through RTG ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oning authority would forward to the authorized bank at periodic intervals: i. a signed statement (copy of sample format enclosed as Annexure-B to the Circular) 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 amount, iii ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 to the Circular. The format of Annexure-C, if needed, may be locally amended/modi ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
