What are the benefits of making Payment through Electronic Fund Transfer?
Licence Fee can be submitted simultaneously while filing the E-Com application without visiting the Bank. It will also reduce the time required to make the payment as compared to manual mode like DD etc. 8. How the payment made through electronic means is secure ? Payment can be made only by logging on valid unique ID and password provided to the exporter by the Bank. The transaction is carried out in secured environment through Banks gateway specially created for the purpose. 9. Can the Fee once paid through EFT be refunded? The fee once received will not be refunded except in the following circumstances viz., a) Where the fee has been deposited in excess of the specified amount of fee; or b) Where fee has been deposited but no application has been made; or c) Where the fee has been deposited in error but the applicant is exempt from payment of fee. Processing of refund of fee submitted through net banking shall be through an application in hard copy as per form given in appendix 6-B.
