Dear all
after getting rfd-05 and rfd-06 amount does not get credited in bank account how many days it will take time to get credited in the bank account.
After Getting order in RFD 06, refund need to be credited to applicant bank account immediately.
Moreover In term of Section 56 of the CGST Act clearly states that if any tax ordered to be refunded is not
refunded within 60 days of the date of receipt of application, interest at the rate of 6 per cent
(notified vide notification No. 13/2017-Central Tax dated 28.06.2017) on the refund amount
starting from the date immediately after the expiry of sixty days from the date of receipt of
application (ARN) till the date of refund of such tax shall have to be paid to the claimant. It
may be noted that any tax shall be considered to have been refunded only when the amount
has been credited to the bank account of the claimant.
Hence plz contact to your Jurisdiction Tax Officer
CAclubindia
