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of <h1>Karnataka Introduces Fully Electronic GST Refunds via FORM GST RFD-01 to Boost Efficiency and Cut Processing Time.</h1> The circular outlines the implementation of a fully electronic refund process through FORM GST RFD-01 for taxpayers in Karnataka. This process aims to streamline the refund mechanism under the Goods and Services Tax (GST) system by allowing single disbursement of refunds electronically. The initiative is part of the state's efforts to enhance efficiency and reduce the processing time for GST refunds.
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