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

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..... amount directly to the assessee's /exporters' Bank Account Reg. The Department of Revenue, Central Board of Excise and Customs, has decided to utilise the facility of electronic payment through RTGC/NEFT in the authorized banks to facilitate speed up the transfer the fund directly to the beneficiaries. At present, consequent to sanction of refund claims by the competent authority, che .....

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..... facility:- Procedure 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 a prescribed 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 sub .....

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