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CMA Final · Indirect Tax Laws and Practice · GST Returns

Sharma Traders, a registered person, receives a scrutiny notice in FORM GST ASMT-10 pointing to a mismatch in tax paid. It agrees with the discrepancy, pays the tax and interest quantified, and wishes to inform the officer. Which statement is correct under the CGST Rules, 2017?

The taxpayer responds in FORM GST ASMT-11, accepting the discrepancy, paying the tax, interest and other amount, or giving an explanation. If the officer finds it acceptable, he informs the taxpayer in FORM GST ASMT-12. The roles of the two forms are not interchangeable.

  1. AIt furnishes the acceptance and payment details in FORM GST ASMT-11, and if found acceptable the officer informs it in FORM GST ASMT-12Correct
  2. BIt furnishes the acceptance and payment details in FORM GST ASMT-12, and the officer replies in FORM GST ASMT-11
  3. CIt must file FORM GST REG-21 to inform the officer of payment, and the officer replies in FORM GST REG-22
  4. DIt must wait for a notice in FORM GSTR-3A before it can pay the amount arising from the discrepancy

Explanation

Under rule 99(2) the person may accept the discrepancy, pay the tax, interest and other amount, and inform the officer or furnish an explanation in FORM GST ASMT-11. Under rule 99(3), if this is acceptable, the officer informs the person in FORM GST ASMT-12. The option swapping ASMT-11 and ASMT-12 reverses the roles.

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