What to do after RFD-05 is issued?

The bank account details mentioned in the refund application shall be validated by PFMS after issuance of RFD-05 by the tax-officer. The taxpayer will need to change/ edit the bank account details (through non-core amendment) if there is the failure of bank account validation by PFMS.

How do I check my RFD-05 status?

(iii) The status of validation appears Page 6 (iv) If you want to check the status of your bank account validation after the tax officer has issued the payment order (RFD-05), select the ‘GST Successfully Processed’ button on the screen and enter your GSTIN or Account Number and click on ‘View Report’.

What is provisional refund order?

Provisional Refund shall be granted by the issue of Form RFD-04 within seven days of giving the Acknowledgement in RFD-02. This Provisional Refund amount is to be credited directly to the Bank account of the Refund applicant. Payment advice in RFD-05 is sent along for this payment.

What is RFD-05 not issued?

The officer shall not be able to issue RFD-05 if the bank account of the taxpayer has not been validated by PFMS. The system throws only that amount in RFD-06 form that remains to be sanctioned after RFD-04.

What is RFD 07?

Form GST RFD-07 is an order for complete adjustment of sanctioned GST Refund. This form provides information about refund adjusted or withheld. The Refund Application is applied in RFD-01 and RFD-01A of which the acknowledgement is received in Form RFD 02.

WHO issued RFD 05?

RFD-05: Payment Advice The net amount of refund along with interest if (any) is issued by the GST Officer in RFD-05 and the refund is credited to the taxpayers bank account electronically. RFD-05 is also issued when an order is made under RFD-06 and the entire refund is to be credited to Consumer Welfare Fund.

What is disbursement request sent to PFMS?

Payment Advice sent to PFMS The disbursement request for the refund amount, as mentioned in the payment advice has been sent to PFMS by the GST Portal. 3. On receiving “Accepted” status from PFMS for payment advice (having voucher code) Request sent to bank by PFMS for disbursement of refund amount.

How many days GST refund will I get?

The refund on provisional basis shall be issued in Form GST RFD 04 within 7 days from the date of acknowledgement. The acknowledgement is normally issued within 15 days but in case of refund of integrated tax paid on zero rated supplies, the acknowledgement would be issued within a period of 3 days.

When can RFD-08 be issued?

RFD-08 (Show Cause Notice):The tax officer shall issue RFD-08 electronically to the taxpayer. The taxpayer shall be able to view the show cause notice in RFD-08 on his dashboard. The taxpayer is expected to give reply to the SCN within 15 days of receipt of the SCN.

What if my GST refund is rejected?

What is Form PMT-03 as per Rules? So, whenever a refund amount is rejected as per Rule 92 of the CGST Rules, the rejected amount either in full or part is re-credited to the electronic credit ledger by an Order in Form PMT-03. This is done by a proper officer using Form GST RFD-01B.