Consolidated Settlement Reports govern monthly fund transfers between tax accounts and the Integrated Tax account under GST settlement rules. Monthly Consolidated Settlement Reports are to be maintained for each State and Union Territory in FORM GST STL-7.01 and for the Centre in FORM GST ... Summary
Consolidated Settlement Reports govern monthly fund transfers between tax accounts and the Integrated Tax account under GST settlement rules.
Monthly Consolidated Settlement Reports are to be maintained for each State and Union Territory in FORM GST STL-7.01 and for the Centre in FORM GST STL-7.02. These reports provide information about transfer of funds between the relevant tax accounts and the Integrated Tax account, based on the consolidated summary of settlement details contained in the specified settlement forms.
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