e Refund of Service Tax, Excise Duty & Customs Duty – CBEC Guidelines

CBEC General Guidelines on ‘e Refund of Service Tax, Excise Duty & Customs Duty’

The CBEC vide Circular No. 1013/1/2016-CX dt. 12th Jan., 2016 has circulated general guidelines for implementation of e payment mechanism for refunds / rebates of service tax, excise duty, custom duty, etc. w.e.f. 10th Feb., 2016.

Presently, mostly the payments for refund/ rebate are made manually by the Service Tax, Excise & Customs Deptt., which is a time consuming process after sanction of such refund/ rebate by the appropriate authority.

To reduce the processing time of payment after sanction of such refund/ rebate and to transfer funds expeditiously or directly to the beneficiary’s account, the CBEC has prescribed general guidelines for e payment of refund/ rebate by the Service Tax, Excise & Custom Deptts.

The detailed procedures and guidelines of CBEC in this regard, are as under:

General Guidelines of CBEC on e Payment of Refund/ Rebate Circular dt 12 Jan 2016

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