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CA Final · Indirect Tax Laws · Returns

The proper officer selected the return of Kaveri Agro Ltd for scrutiny and found a discrepancy. He issued a notice in FORM GST ASMT-10 on 5 March. Kaveri Agro accepts the discrepancy and wishes to respond. Which course is in line with the CGST Rules?

The registered person may accept the discrepancy, pay the tax, interest and any other amount arising from it, and inform the proper officer, or furnish an explanation, in FORM GST ASMT-11. ASMT-12 is the officer's acceptance intimation, not the taxpayer's reply.

  1. APay the tax, interest and other amount arising from the discrepancy and inform the officer in FORM GST ASMT-11, or furnish an explanation in that formCorrect
  2. BReply in FORM GST REG-24 within seven working days
  3. CWait for FORM GSTR-3A and respond to it
  4. DRespond in FORM GST ASMT-12, which is the form for the registered person's reply

Explanation

Under rule 99(2), the registered 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. ASMT-12 is issued by the officer on finding the explanation acceptable. REG-24 and GSTR-3A are unrelated to scrutiny.

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