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of <h1>Rule 11 GST Fund Settlement: Provisional and Final Orders, Discrepancies Resolved Monthly, RBI Manages Transfers</h1> Rule 11 of the Goods and Services Tax Settlement of Funds Rules, 2017, outlines procedures for the provisional and final settlement of funds between the Central and State governments. The Principal Chief Controller of Accounts manages a centralized accounting portal for fund settlements. Monthly provisional sanction orders are issued based on data from the Goods and Services Tax Network. Discrepancies are resolved by the 20th of the following month, with revised calculations completed by the 25th. Final sanction orders are issued within three days of data reconciliation. The Reserve Bank of India facilitates fund transfers between the Consolidated Funds of India and States.
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