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Transfer money from gstledger/cash balance back to bank account

Accounts 340 views 6 replies

Hi everyone, I have a cash balance in my GST account. I would like to it back transferred in to my bank account.  What is the procedure for this, is there an online way yet? Kindly share your knowledge around.

Thank you.  

Regards, Rakesh Sikhwal

 

Replies (6)
Not possible way by online.
Yes can be transferred,. file RFD 01, online on portal
Pankaj sir, will the refund amount will be transferred to taxpayers bank account?
To encash the amounts lying in cash ledger you have to file refund claim under the head " refund of excess balance in electronic cash ledger". Refund is to be filed online. After filing online take the printout of RFD 01A, ARN and Cash ledger and submit to the concerned tax authority for processing of the claim.
Yes ,.. it's online TRF. to Bank Account
Thank you sir.


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