Bank account furnishing requirement: registered persons must provide account details on the GST portal, enabling compliance and disclosures. The rules introduce a mandatory requirement for newly registered persons to furnish bank account details on the common portal within a prescribed period after assignment of GSTIN, add non-compliance as a violation, and standardise optional bank-account fields across registration documents. They also exclude Kerala Flood Cess from value of supply determination, enable QR code specification on invoices by notification, substitute 'payment advice' with 'payment order' in refund disbursement, create a mechanism to transfer amounts across electronic cash ledger heads via FORM GST PMT-09, and establish a targeted refund process for airport retail outlets selling to outgoing international tourists.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bank account furnishing requirement: registered persons must provide account details on the GST portal, enabling compliance and disclosures.
The rules introduce a mandatory requirement for newly registered persons to furnish bank account details on the common portal within a prescribed period after assignment of GSTIN, add non-compliance as a violation, and standardise optional bank-account fields across registration documents. They also exclude Kerala Flood Cess from value of supply determination, enable QR code specification on invoices by notification, substitute "payment advice" with "payment order" in refund disbursement, create a mechanism to transfer amounts across electronic cash ledger heads via FORM GST PMT-09, and establish a targeted refund process for airport retail outlets selling to outgoing international tourists.
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