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CA Final · Indirect Tax Laws · Demands and Recovery

Sundaram Logistics Ltd. is under liquidation, and the Commissioner wants to recover tax, interest and penalty due under the GST Act from it. Under the CGST Rules, what must the Commissioner do?

The Commissioner must notify the liquidator in FORM GST DRC-24 for recovery of the tax, interest, penalty or other amount due. The DRC-07A and DRC-08A forms concern recovery of dues under existing laws, not recovery from a company in liquidation.

  1. AIssue a notice to the company's directors in FORM GST DRC-07A
  2. BNotify the liquidator for recovery of the amount in FORM GST DRC-24Correct
  3. CUpload a summary of the order in FORM GST DRC-08A
  4. DAttach the company's bank account through the common portal only

Explanation

The rule on recovery from a company in liquidation (referring to section 88) requires the Commissioner to notify the liquidator in FORM GST DRC-24. FORM GST DRC-07A and DRC-08A relate to uploading summaries of orders under existing laws, so they do not apply here.

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