Furnishing bank account details requirement for registered persons tightens compliance and enables electronic refund and payment processes. Amendments require registered persons (except certain classes) to furnish bank account details on the common portal within forty five days of registration or before the first return due; non-compliance is a ground for cancellation. Government may prescribe QR codes on tax invoices and bills of supply. Kerala Flood Cess is excluded from GST valuation. Payment terminology is standardized to 'payment order,' a new FORM GST PMT-09 enables transfer between electronic cash ledger heads, and duty free/paid retail outlets at international airport departure areas may claim refunds under FORM GST RFD 10B subject to specified conditions.
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Provisions expressly mentioned in the judgment/order text.
Furnishing bank account details requirement for registered persons tightens compliance and enables electronic refund and payment processes.
Amendments require registered persons (except certain classes) to furnish bank account details on the common portal within forty five days of registration or before the first return due; non-compliance is a ground for cancellation. Government may prescribe QR codes on tax invoices and bills of supply. Kerala Flood Cess is excluded from GST valuation. Payment terminology is standardized to "payment order," a new FORM GST PMT-09 enables transfer between electronic cash ledger heads, and duty free/paid retail outlets at international airport departure areas may claim refunds under FORM GST RFD 10B subject to specified conditions.
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