Find
Refunds are paid only to a bank account in your name that is added in the registration and validated through PFMS. If validation fails, the refund cannot be disbursed until a valid account is added.
GST
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
Refunds are paid only to a bank account in your name that is added in the registration and validated through PFMS. If validation fails, the refund cannot be disbursed until a valid account is added.
Rule 10A, CGST Rules 2017; Rule 89, CGST Rules 2017
Validation fails when the account holder name does not match the registered legal name, the IFSC has changed after a bank merger, or the account is closed. Update the account through a non-core amendment and choose it in the refund. If the refund was already sanctioned, write to the officer with the new details.
Connect now
A Savvy replies in minutes.
Fixed price before you pay. Your Savvy is paid only after you accept the work.
General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.