GSTN issues advisory of tracking GST Refund Application Status

GSTN issues advisory of tracking GST Refund Application Status The functionality to track the status of refund application has been availabl

GSTN issues advisory of tracking GST Refund Application Status
The functionality to track the status of refund application has been available on the GSTN portal.
Use of this functionality:
The taxpayers can know the stage at which the refund application is pending with the tax-officer/ taxpayer.
Public Financial Management System (PFMS) portal
The PFMS of the Controller General of Accounts has made available a central portal to track the status of bank account validation and disbursal of refund amount.
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GSTN issues advisory of tracking GST Refund Application Status[/caption]
2 Stages of validation of bank account:
GSTN issues advisory of tracking GST Refund Application Status[/caption]
2 Stages of validation of bank account:
- A tax officer can issue payment order only after PFMS has validated the bank account mentioned in the refund application (RFD-01).
- Final disbursement of refund amount sanctioned by the tax officer happens only after PFMS has validated the bank account mentioned in the payment order (RFD-05).
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