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<h1>GST accounting standardization to ensure centralized IGST settlement and distinct CGST/SGST accounting under the Consolidated Fund.</h1> Four Major Heads-CGST, IGST, Additional Tax and SGST-must be opened with standardized accounting codes across States/UTs to enable centralized IGST settlement and distinct SGST accounting. Tax debits should auto credit respective Centre and State accounts, with remittances through authorized banks routed to designated RBI accounts. PAO is the sole authority for receipt, payment and account classification, each challan must link to a DDO/PAO and bank account, and challans must show net tax with bifurcations for tax, interest, penalty, fees and other charges. CGST, IGST and Additional Tax are to be accounted under the Consolidated Fund, and periodic CERT IN based IT audits of settlement processes are required.