Question ID :
40967
DRC-03 Payment
One of my client received a notice ASMT-10 for filing nil 3B return in FY 2018-19. We have declared sales in GSTR-9 and paid tax. Whether department will demand interest and penalty also for not disclosing sales.
Posted by
Shobhit Bansal
on
Feb 09, 2021
Filed Under
GST
Yes, Interest and penalty to be paid in this case
Posted by
CA JEET REWRI on
Feb 14, 2021
Answer ID :
80916
ASMT-10 is for issuance of Notice for intimating discrepancies in the return after scrutiny under Rule-99. Interest would be applicable in case of delay in payment of applicable taxes..
Posted by
CA Mohit Singhal on
Feb 21, 2021
Answer ID :
80970
YES
Posted by
CA JEET REWRI on
Mar 13, 2021
Answer ID :
81135
If the interest and penalties are paid properly in GSTR 9 and the same is relevant to those missed earlier, then there is no need to pay again. You can explain the fact that the turnover has been disclosed in Annual Return.
Posted by
VINAY BHARGAV KUMAR G on
May 30, 2021