Provisional refund: eligibility and risk-based provisional sanction with electronic payment order and consolidated disbursement procedures. Provisional GST refunds are granted subject to an eligibility condition barring applicants prosecuted in the previous five years for offenses involving tax evasion above a specified threshold. The proper officer, after system-based identification and risk evaluation, shall ordinarily issue FORM GST RFD-04 within the prescribed short period or, for recorded reasons, refuse provisional sanction and proceed under rule 92. Thereafter a payment order in FORM GST RFD-05 is issued and the sanctioned amount electronically credited to the applicant's bank account on the basis of a consolidated payment advice; revalidation is required if disbursement falls in a later financial year.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Provisional refund: eligibility and risk-based provisional sanction with electronic payment order and consolidated disbursement procedures.
Provisional GST refunds are granted subject to an eligibility condition barring applicants prosecuted in the previous five years for offenses involving tax evasion above a specified threshold. The proper officer, after system-based identification and risk evaluation, shall ordinarily issue FORM GST RFD-04 within the prescribed short period or, for recorded reasons, refuse provisional sanction and proceed under rule 92. Thereafter a payment order in FORM GST RFD-05 is issued and the sanctioned amount electronically credited to the applicant's bank account on the basis of a consolidated payment advice; revalidation is required if disbursement falls in a later financial year.
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