General Guidelines for implementation of e-payment of Refund/ Rebate

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..... g the procedure for payment of refund. 2. In order to speed up the transfer of the refund directly to the beneficiary's bank account after sanction of the refund claim and thereby promoting ease of doing business, the following procedure for e-payment of refunds/ rebate is hereby prescribed for implementation by all the concerned field formations (in both SAD refund and other than SAD refund cases) I. E-PAYMENT THROUGH AUTHORIZED BANKS a) The payment under the system of electronic payment of refund amounts through RTGS/ NEFT facility shall be made by the field formations through designated bank. b) The Reserve Bank of India, Kolkata will be the designated bank for epa .....

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..... n favour of the bank as mentioned above for the consolidated refund/ 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 alongwith 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 the refund rebate orders sanctioned till the date of forwarding of the statement to the bank. d) Upon receipt of the statement signed by the refund sanctioning authority and the cheque for the consolidated refund amount, the bank would cre .....

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..... solidated cheques and payments made by the bank. d) The PAO is requested to reconcile the cheques issued by the field formations in respect of the refund with the periodic scroll sent to them by the bank and report discrepancy, if any, to the field formation concerned who, in turn, would verify the same and send compliance report to the PAO. 5. This Public Notice shall be effective from 1st June,2016. 5. Difficulty, if any, in implementation of the above procedure may be brought to the notice of the undersigned. (Brojen Thamar) Principal Commissioner of Customs (Airport Administration) Custom House Kolkata .....

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