CGST Rule 96C: Bank Account for credit of refund

Provisions under Rule 96C of CGST Rules, 2017 relating to “Bank Account for credit of refund”:

CGST Rule 96C: Bank Account for credit of refund (Chapter X: 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.

Notes (History of Amendments in Bare Text):

1. CGST Rule 96C inserted vide Notification 35/2021 pending commencement.