Introduction of facility of payment Tax Refund claim amount directly to Exporters Bank account instead of issuance of cheques

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... C. No. IV/16/1987/2014 ST (T) Div-I Date :23.06.2016 Trade Facilitation Notice No. 06/2016 Sub: Introduction of facility of payment Tax Refund claim amount directly to Exporters Bank account instead of issuance of cheques - Reg. 1. Attention of the members of Trade, Industry and all concerned is invited to the subject matter me .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Divisional offices of Service Tax Divisions-I and 3. The procedure under the new facility is as under : i. All claimants shall provide one time authorization in duplicate in the format annexed to this Trade Facilitation Notice in original by 30 th June 2016. ii. The Service Tax Divisions would forward a statement on a weekly basis on every Friday to the S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... as per RBI guidelines. The said bank will forward a scroll indicating the Name of Bank, Branch, A/c No. and the total amount transferred, after deducting the applicable Bank charges to the concerned Divisions on weekly basis. v. Concerned Divisional Office, after receipt of scroll from Bank mentioned in Para (iii) above, will state all the details in relevant Refund file, and deface .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X