E-payment of refund/rebate amount directly to the claimant’s account

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..... SUBJECT: E-payment of refund/rebate amount directly to the claimant s account. The Importers, Exporters, Customs Brokers and all concerned are hereby informed that the Central Board of Excise and Customs has laid down guidelines for implementation of e-payment of refund/rebate, in order to speed up the transfer of the fund directly to the beneficiary s bank account after sanc .....

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..... nd/rebate received 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). b) The Assistant/Deputy Commissioner of Customs(Refunds), Mangalore is authorized to order for payment of refund under the system of electronic payment of sanctioned rebate/refund amounts through RTGS .....

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..... /NEFT facility of Canara Bank. For this purpose, such authorization is to be obtained from such claimants by 10.02.2016. 4. It is further clarified that bank may charge the refund claimant, fee for remitting refund amount through RTGS/NEFT as per RBI guidelines and the claimant would get only the net amount. (Dr .M. SUBRAMANYAM) COMMISSIONER OF CUSTOMS .....

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