MANU/EXCR/0002/2016

Ministry : Ministry of Finance

Department/Board : CBEC Excise

Circular No. : 1013/1/2016-CX

Date : 12.01.2016

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 Commissioners/Chief Commissioners of Customs (All)
The Principal Chief Commissioners/Chief Commissioners of Customs (Preventive) (All)

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

Madam/Sir,

Attention is invited to the procedure followed by the field formations for payment of refund/rebate. Presently, most of the field formations follow the manual handing over/despatch of cheques for payment of refund/rebate. Consequent to the sanction of refund/rebate claims by the competent authority, cheques are being issued and the same are sent by 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 AUTHORIZED BANKS

a) The payment under the system of electronic payment of refund/rebate 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 Govt. business enabled branch of the State Bank of India, the e-payment procedure may be implemented through those branches. In case any formation is maintaining Govt. account with bank(s) other than the State Bank of India, e-payment may be made through such bank(s). More than one bank may also be authorized for e-payment.

c) Th........