GSTN issues advisory of tracking GST Refund Application Status

Studycafe | Apr 2, 2020 |

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 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.

GSTN issues advisory of tracking GST Refund Application Status

GSTN issues advisory of tracking GST Refund Application Status

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).

However, the exact detailed status of bank account validation is not available on the GST Portal.

By visiting the PFMS portal at below mentioned link taxpayer can track the status of bank account validation.

https://pfms.nic.in/static/NewLayoutCommonContent.aspx?RequestPagename=Static/GSTN_Tracker.aspx

Thus now taxpayers can track the status of their refund applications on both the Portals.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"