GST refund orders require itemised calculation, adjustment against demands, bank details and statutory sanctioning particulars.
Form GST RFD-05 prescribes the Refund Sanction/Rejection Order structure requiring itemised refund calculation (claimed amount; provisional sanctions; inadmissible amounts; balance allowed; reductions against outstanding demands; net amount sanctioned for IGST/CGST/SGST) and detailed bank payment particulars, together with specification of the sanctioned amount, the statutory section/sub section relied upon, recipient GSTIN, date, place, and authorised signatory details.
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