Recently CBEC has issued a circular regarding general guidelines for implementation of e-payment of refund or rebate. Presently, most of the field formations follow the manual handing over dispatch of cheques for payment of refund or 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 development by the claimants and delay in payment of refunds.
E-payment through authorized Banks.
As most of the field formations are maintaining current account with nearest Government business enabled branch of the State Bank of India, the e-payment procedure may be implemented through those branches.
For detail Procedure for e-Payment and Reconciliation of Refund/Rebate (Click Here)
E-payment through authorized Banks.
As most of the field formations are maintaining current account with nearest Government business enabled branch of the State Bank of India, the e-payment procedure may be implemented through those branches.
For detail Procedure for e-Payment and Reconciliation of Refund/Rebate (Click Here)
