Online Payment to the beneficiaries (firms) for their DBK/TED refund claims, by RAs of DGFT.

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..... their DBK/TED refund claims, by RAs of DGFT. Regional Authorities (RAs) of DGFT disburses deemed export drawback and terminal excise duty as per provisions of FTP and HBP Vol. I. In order to facilitate this process and faster disbursal of such claims, it has been now decided that payment of such claims, henceforth, shall be made online. To give effect to this decision, RAs are required to .....

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..... f claims for which the payment is to be made by RA, RAs will issue one cheque for all claims. This cheque would be of an amount equivalent to total claims approved for all applicants. This cheque will be issued to Central B ank of India and name of the Payee will be shown as yourself . (iii) The cheque as drawn above will enclose lists of all firms, Bank wise, to whom payments a .....

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..... A will forward above stated information, Bank-wise to DBK Cell, DGFT, so that same could be made available to Principal Accounts Office, BBA Section, Deptt. of Commerce. This issues with the approval of Director General of Foreign Trade. Sd/- Dr. L.B. Singhal Jt. Director General of Foreign Trade (Issued from F.No.Misc.46/AM-11/DBK Cell) - .....

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