TaxTMI 
TaxTMI 
TaxTMI 
ONLINE REFUND PROCESSING
SINGLE AUTHORITY DISBURSEMENT
SUMMARY OF REFUND PROCESS
}RFD-01 – REFUND APPLICATION
}RFD-02 – ACKNOWLEDGMENT
}RFD-03 – DEFICIENCY MEMO
}RFD-04 – PROVISIONAL REFUND ORDER
}RFD-05 – PAYMENT ORDER
}RFD-06 – FINAL REFUND SANCTION REJECTION ORDER
}RFD-7B – WITH HOLDING ORDER
}RFD-08 – SHOW CAUSE NOTICE
}RFD-09 – REPLY TO SHOW CAUSE NOTICE BY THE TAXPAYER
}PMT-03 – ORDER FOR RECREDIT OF REJECTED AMOUNT
- PREVIOUS APPLICATION FILE IN FORM RFD-01A ONLINE HAS BEEN DISABLED ON THE POTRAL.
- HOWEVER THE TAXPAYER SHALL ABLE TO VIEW THE STATUS OF RFD-01A ALONG WITH NEW ONES.
- BANK ACCOUNT DETAILS MENTIONED IN THE REFUND APPLICATION SHALL VALIDATED BY PFMS AFTER FILLING OF RFD-01.
- THE TAXPAYER WILL NEED TO CHANGE EDIT THE BANK ACCOUNT DETAILS IF THERE IS FAILURE OF BANK ACCOUNT VALIDATION BY PFMS.
- THE TAXPAYER NEEDS TO ENTER THE UPDATE BANK ACCOUNT FUNCTIONALITY PROVIDED WITH THE ARN OF THE REFUND APPLICATION.
- THE TAX OFFICER SHALL ISSUE RFD-02ELECTRONICALLY TO THE TAXPAYER.
- PREVIOUS TAX OFFICER ISSUED RFD-03 MANUALLY AND THERE WAS NO AUTO RE-CREDIT OF ITC/CASH.
- ELECTRONIC PROCESSING :-
- THE TAX OFFICER SHALL ISSUE RFD-03 ELECTRONICALLY TO THE TAXPAYER.
- THE ISSUANCE OF THE RFD-03 THE ITC/CASH WILL GET RE-CREDITED TO THE ELECTRONIC CREDIT/CASH LEDGER OF THE TAX PAYER.
- ONCE RFD-03 HAS BEEN ISSUED AGAINST AN ARN THE TAXPAYER IS REQUIRED TO FILE A FRESH REFUND APPLICATION
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CA RONAK KHANDELWAL
ACA, B.COM