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CMA Final · Indirect Tax Laws and Practice · GST Returns

Sharma Traders Pvt Ltd, Jaipur, received a FORM GST ASMT-10 notice for a mismatch in its return. It agrees with the discrepancy, pays the tax, interest and any other amount due, and informs the officer. Under the CGST Rules, 2017, in which form does it furnish this information or explanation, and in which form does the officer then communicate acceptance?

The taxpayer replies in FORM GST ASMT-11 after paying the tax, interest and other amounts arising from the discrepancy. If the officer finds the explanation acceptable, he informs the taxpayer in FORM GST ASMT-12, as provided in rule 99.

  1. AFORM GST ASMT-11 by the taxpayer; FORM GST ASMT-12 by the officerCorrect
  2. BFORM GST ASMT-12 by the taxpayer; FORM GST ASMT-11 by the officer
  3. CFORM GST REG-24 by the taxpayer; FORM GST REG-22 by the officer
  4. DFORM GSTR-3A by the taxpayer; FORM GST ASMT-10 by the officer

Explanation

Rule 99(2) lets the registered person accept the discrepancy, pay the dues and inform the officer or furnish an explanation in FORM GST ASMT-11. Under rule 99(3), if found acceptable, the officer informs the person in FORM GST ASMT-12. The reversed option swaps the forms, and the REG forms relate to revocation of cancellation.

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