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

Central Excise - 1013/1/2016-CX - Dated:- 12-1-2016 - Circular No. 1013/1/2016-CX GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS New Delhi, dated the 12th Jan., 2016 To The Principal Chief Commissioners/ Chief Commissioners of Central Excise (All) The Principal Chief Commissioners/ Chief Commissioners of Central Excise and Service Tax (All) The Principal Chief Commissioners/ Chief Commissioners of Service Tax (All) The Principal Chief Commission .....

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y either registered post or handed over to authorized persons. The present procedure entails paper work, manpower deployment by the claimants and delay in payment of refunds. 2. In order to speed up the transfer of the fund directly to the beneficiary's bank account after sanction of the refund/rebate claim and thereby promote ease of doing business, the following procedure for e-payment of refund/ rebate is hereby prescribed for implementation by all field formations: I. E-PAYMENT THROUGH A .....

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nt may be made through such bank(s). More than one bank may also be authorized for e-payment. c) The Commissioner concerned, after obtaining concurrence from the authorized bank(s) within the jurisdiction to provide for payment of refund/ rebate to assessees through RTGS/ NEFT facility, shall authorize the refund sanctioning authorities within their jurisdiction to make e-payment of refund/ rebate through such authorized banks only. d) The banks may charge the refund claimant fee for remitting r .....

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closed as Annexure-A). One copy shall be retained by the department and one copy shall be sent to the bank with the first refund sanction order of the applicant. b) The refund sanctioning authority would forward 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 consoli .....

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) Upon receipt of the statement signed by the refund sanctioning authority and the cheque for the consolidated refund amount, the bank would credit the refund amounts to the respective accounts of the claimants through NEFT/RTGS after deducting the applicable NEFT/ RTGS charges as per RBI guidelines. Commissioners are expected to ensure that there is no delay in the disbursal of the sanctioned amounts. III. PROCEDURE FOR RECONCILIATION a) A UTR (Unique Transaction Reference) is generated for eac .....

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d at the end of each month enclosing the details of cheques issued with date and amount. A sample copy of the enclosure to the letter to PAO is enclosed as Annexure-C. The format of Annexure-C, if needed, may be locally amended/ modified. c) After transfer of the amounts to the claimants, the bank shall generate 'periodic scroll' 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 deta .....

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/ rebate is already operational in certain Central Excise zones such as Mumbai-II, Hyderabad, Chandigarh and Chennai. The field formations, for assistance, if any while complying with above directions may consult the above formations which have already implemented the e-payment facility. Once the above refund/rebate system is settled with the bank, field formations concerned shall issue necessary trade notices for information to members of trade. 4. Difficulty, if any, in implementation of the a .....

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or applicable RTGS/NEFT charges, as per RBI guidelines. In case of any remittance made by mistake or duplicate, I/we undertake to re-credit the same to the department. I hereby declare following details for the purpose. 1. NAME & ADDRESS 2. 15 Digit CEX/ ST Registration No./ IEC 3. Constitution of the business (Proprietorship/ partnership/ LLP/ Private Ltd/ Public Ltd/Other) 4. DETAILS OF APPLICANT Address Telephone/ Mobile No. Email ID 5. BANK ACCOUNT DETAILS OF THE REGISTERED ASSESSEE/EXP .....

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hellip;… Name______________________ Designation (Proprietor/Partner/Director/Authorized Signatory) Enclosed: (1) of photocopy of a cancelled blank cheque BANK VERIFICATION Certified that above details are tallied with bank record and found correct Signature………………………… Name____________________ Seal of the bank Note In case the authorization is signed by authorized signatory, the Bank Manager shall verify and confirm that .....

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lip;…………………… dated ………………………… for an amount of Rs……………… and a list of refund/rebate claim (in duplicate) sanctioned by the undersigned during the period form_________________ to _____________________ in favour of the beneficiary(s), whose details are provided as under:- SI. No. Beneficiary Name Name of the Beneficiary Bank Benefic .....

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