Answer

1. F

   Facts

   Most deficiency memos and notices come from missing documents, mismatched figures and risky supplier credit. A pre-filing check of documents, returns and suppliers avoids most of them.

2. P

   Provisions and law

   • Rule 89, CGST Rules 2017Refund application in RFD-01 with the documents and statements prescribed for each refund type
   • Rule 90, CGST Rules 2017Acknowledgement in RFD-02 or deficiency memo in RFD-03 within 15 days; after a deficiency memo a fresh application is filed
   • Rule 92(3), CGST Rules 2017Before rejecting a refund wholly or partly, a notice in RFD-08 is issued and the applicant replies in RFD-09 within 15 days
3. A

   Analysis

   Example: an exporter files a monthly refund of Rs 5 lakh. A checklist covering correct category, period within one financial year, LUT on record, Statement 3 or 5, FIRC mapping, GSTR-1 and 3B match, supplier status in Annexure B and a validated bank account cuts deficiency memos sharply. Keep a refund file per period.

4. C

   Conclusion

   1. 1Use a category-wise refund document checklist
   2. 2Match return data with the refund statements
   3. 3Remove risky supplier credit before filing
   4. 4Validate the bank account
   5. 5Keep a refund file for each period

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.