Rule 96C of CGST Rules - Bank Account for credit of refund

Last Updated: 24-09-2021

96C. Bank Account for credit of refund.[1]

For the purposes of sub-rule (3) of rule 91, sub-rule (4) of rule 92 and rule 94, “bank account” shall mean such bank account of the applicant which is in the name of applicant and obtained on his Permanent Account Number:

Provided that in case of a proprietorship concern, the Permanent Account Number of the proprietor shall also be linked with the Aadhaar number of the proprietor.

[1] Rule inserted by Rule 2(8) of The CGSTR(8^th A), 2021 vide Notification No. 35/2021-Central Tax dt. 24-09-2021. Yet to be made effective.

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Rule 96C of CGST Rules - Bank Account for credit of refund