The GSTN has issued an advisory for the taxpayers for online processing of refund applications and single authority disbursement has been implemented. The taxpayers are advised to take note of the following changes:
Electronic/ Online Processing of Form RFD-01: The taxpayers were filling refund application in form RFD-01A online. The RFD-01A form has been disabled on the portal. The taxpayer shall be able to file his refund application in form RFD-01 now. However, the taxpayer shall be able to view the status of RFD-01A applications also along with the new ones. The bank account details mentioned in the refund application shall be validated by the Public Financial Management System (PFMS) after filing of Form RFD-01. The taxpayers must ensure that the bank account details selected in the refund application are valid and correct.
The taxpayer will need to change/ edit the bank account details (through the non-core amendment in registration in Forn REG-14) if there is a failure of bank account validation by PFMS. After performing this step, the taxpayer needs to enter the updated bank account by clicking on the ‘Update Bank Account’ functionality provided with the ARN of the refund application. The taxpayer shall be able to view the status of bank account validation on his dashboard. It will also be communicated through e-mail/ SMS.
Acknowledgment in Form RFD-02: The tax officer issued Form RFD-02 manually. The tax officer shall issue Form RFD-02 electronically to the taxpayer. The taxpayer shall be able to view the acknowledgment in Form RFD-02 on his dashboard. The taxpayer will also receive communication through email and SMS.
Deficiency Memo in Form RFD-03: The tax officer shall issue Form RFD-03 electronically to the taxpayer. With the issuance of Form RFD-03, the ITC/ cash will get recredited to the electronic credit/cash ledger of the taxpayer. The taxpayer shall be able to view the deficiency memo in Form RFD-03 on is the dashboard. Once the Form RFD-03 has been issued against an ARN, the taxpayer is required to file a fresh refund application. The taxpayer will receive communication through email and SMS.
Provisional Refund Order in Form RFD-04: The tax officer shall issue Form RFD-04 electronically to the taxpayer. The taxpayer shall be able to view the provisional sanction order in Form RFD-04 on his dashboard. The taxpayer will receive communication through email and SMS.
Payment Order in Form RFD-05: The tax officer shall issue Form RFD-05 electronically to the taxpayer. The tax officer is not required to send a copy of Form RFD-05 to the central nodal authority and state AAs. The taxpayer shall be able to view the payment order in Form RFD-05 on his dashboard. The bank account details mentioned in the refund application shall be validated by PFMS after issuance of Form RFD-05 by the tax-officer.
The taxpayer will need to change/edit the bank account details (through a non-core amendment in registration in Form REG-14) if there is the failure of bank account validation by PFMS. After performing this step, the taxpayer needs to enter the updated bank account by clicking on the ‘Update Bank Account’ functionality provided with the ARN of the refund application. The taxpayer shall be able to view the status of bank account validation and disbursement on his dashboard. The taxpayer will receive communication through email and SMS.
Final refund order by Form RFD-06: The tax officer shall issue Form RFD-06 electronically to the taxpayer. The taxpayer shall be able to view the final sanction/rejection order in Form RFD-06 on his dashboard.
Withholding of Order by Form RFD-07B: The tax officer shall issue Form RFD-07B electronically to the taxpayer. The taxpayer shall be able to view the withhold order in RFD-07B on his dashboard. The taxpayer will receive communication through email and SMS.
Show Cause Notice in Form RFD-08: The tax officer shall issue Form RFD-08 electronically to the taxpayer. The taxpayer shall be able to view the show cause notice in Form RFD-08 on his dashboard. The taxpayer is expected to give a reply to the SCN within 15 days of receipt of the SCN. If the taxpayer doesn’t respond within 15 days of the issuance of SCN, the tax officer can take action on the refund application. The taxpayer will receive communication through email and SMS.
Reply to Show Cause Notice by the Taxpayer in Form RFD-09: The taxpayer is required to reply to the SCN electronically/online in Form RFD-09 form which would be available on his dashboard. The taxpayer shall be able to reply to the SCN and upload supporting documents electronically through Form RFD-09. The tax officer may not process the reply to the SCN if not given electronically in Form RFD-09 by the taxpayer.
Order for Recredit of Rejected Amount in Form PMT-03: The tax officer shall issue Form PMT-03 electronically. With the issuance of PMT-03, the inadmissible ITC shall get recredited to the electronic credit ledger of the taxpayer automatically. The taxpayer is required to give an undertaking that he will not file an appeal against the refund order if he/she desires to get a recredit of the rejected amount. This undertaking has to be submitted to the tax officer manually. The taxpayer shall be able to view the recredit order in PMT-03 on his dashboard.
The Complete Advisory can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2019/10/Online-refund-processing-and-single-authority-disbursement_Advisory-for-taxpayers.pdf