Q 150. What is the linkage between GSTN and the authorized Banks?

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Ans. There will be real time two way linkage between the  GSTN  and  the  Core  Banking  Solution  (CBS)  of the  Bank.  CPIN  is  automatically  routed  to  the  Bank via electronic string for verification and receiving payment and a challan identification number (CIN) is to automatically sent by the Bank to the Common Portal confirming payment…

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