General guidelines for implementation of e-payment of refund/rebate

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..... ent 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 authorized banks. b) As most of the field formations are maintaining current account with nearest Government business enabled b .....

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..... b) The refund sanctioning authority would forward the following documents to the authorized bank at periodic intervals:- (i) A signed statement (copy of sample format enclosed as Annexure-B) 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/ 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 th .....

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..... #39; containing the details of refund amount sanctioned to various claimants along with other details as necessary and send the same to the PAO Concerned giving details of receipt of consolidated 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. 4. For all pending claims, where refund orders have not been issued before the date of issue of this Public Notice, the claimants shall provide immediately the necessary authorization in dupli .....

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