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<h1>GST Rules 2017: Reporting Adjustments for Refunded Integrated Tax via Forms GST STL 05.01-05.12</h1> The Goods and Services Tax Settlement of Funds Rules, 2017, outlines procedures for reporting reductions in amounts apportioned to the Centre and State or Union Territory due to refunded Integrated Tax. This involves monthly state-wise consolidated statements and detailed reports in forms GST STL 05.01 to 05.12. These reports cover various scenarios such as credit notes issuance, tax liability reductions, and refund of amounts deposited for appeals. They ensure accurate apportionment adjustments for registered taxpayers across different situations, including inter-State supplies, composition dealers, unregistered persons, and rectification of returns, as per relevant sections of the GST Acts.