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Rule 10 of the GST Settlement of Funds Rules, 2017

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GST›GST Settlement of Funds Rules, 2017

At a glance

Bars, duties and time limits

  • Rule 10(1)FORM GST STL-7.01 shows transfers in both directions between integrated tax and State or Union territory tax. It draws on FORMS GST STL-1.01, 3.01, 4.01 and 5.01.
  • Rule 10(2)FORM GST STL-7.02 shows transfers in both directions between integrated tax and central tax. It draws on FORMS GST STL-1.01, 2.01, 3.01, 4.01 and 5.01.

Rule 10 requires monthly consolidated settlement reports for each State and Union territory and for the Centre. These reports bring together the specified settlement summaries to show transfers between the integrated-tax account and the respective State, Union territory or central-tax account. The Centre’s report uses an additional source summary that the State and Union territory report does not include.[1]

Text

The text below is the rule as served by the CBIC tax information portal on 17 September 2026, with the portal's own amendment footnote markers (shown as small numerals before a bracket) and its footnotes.[1] The Rules as published in the Gazette of India is the legal source.

Rule 10, verbatim (show)

Rule 10

Rule 10. Consolidated Settlement Report for each State and Union Territory and for Centre.—

(1) A monthly Consolidated Settlement Report for each State and Union Territory, in FORM GST STL - 7.01 shall be maintained providing information about transfer of funds to be made from State Tax or Union Territory Tax account to Integrated Tax account and from Integrated Tax account to State Tax or Union Territory Tax account based on the consolidated summary of settlement details contained in FORMs GST STL - 1.01, 3.01, 4.01 and 5.01.

(2) A monthly Consolidated Settlement Report for the Centre, in FORM GST STL - 7.02 shall be maintained providing information about transfer of funds to be made from Central Tax account to Integrated Tax account and from Integrated Tax account to Central Tax account based on the consolidated summary of settlement details contained in FORMs GST STL - 1.01, 2.01, 3.01, 4.01 and 5.01.

Questions to answer on the file

Questions a reviewer answers from the engagement file, grouped by the part of the rule they come from. They describe what the rule asks; they do not decide it.

State or Union Territory consolidated report 10(1)

Questions to answer on the file5 questions
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State or Union Territory source summary inputs 10(1)

Questions to answer on the file4 questions
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Centre consolidated report 10(2)

Questions to answer on the file5 questions
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Centre source summary inputs 10(2)

Questions to answer on the file5 questions
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Circulars and notifications

No circular or notification in the CBIC repository is recorded as citing this rule.

See also

References

  1. Central Board of Indirect Taxes and Customs. "Rule 10. Report relating to Consolidated Settlement Register for each State and Union Territory and for the Centre". Goods and Services Tax Settlement of Funds Rules, 2017, CBIC tax information portal. Retrieved 17 September 2026.

External links