Answer

1. F

   Facts

   Refunds are paid only to a bank account in the registration that has been validated through the public finance system. If validation fails, the refund cannot be paid until the account is corrected.

2. P

   Provisions and law

   • Sec 54(1), CGST Act 2017Refund paid to the applicant's account
   • Rule 89, CGST Rules 2017Refund application in RFD-01 with the documents and statements prescribed for each refund type
3. A

   Analysis

   Common reasons are a name mismatch between the bank account and the legal name, a closed account or a wrong IFSC. Example: a proprietor's refund fails because the account is in the trade name only. Update a correct account through a non-core amendment, then select it in the refund application. Validate before filing to avoid delay.

4. C

   Conclusion

   1. 1Check bank account validation status on the portal
   2. 2Fix name or IFSC with your bank if needed
   3. 3Update the account through a non-core amendment
   4. 4Select the validated account in the refund
   5. 5Inform the officer once updated

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