The 45th GST Council meeting has decided to mandate PAN/Aadhaar for certain facilities under the Goods and Services Tax (GST) regime.
As per the decision of the GST Council, aadhaar authentication of registration is to be made mandatory for being eligible for filing refund claims and application for revocation of cancellation of registration.
Further, the Council also decided that the GST refund be disbursed in the bank account, which is linked with the same PAN on which registration has been obtained under GST.
It was also decided that the unutilized balance in CGST and IGST cash ledger may be allowed to be transferred between distinct persons (entities having the same PAN but registered in different states), without going through the refund procedure, subject to certain safeguards.
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