Menu
DRC-07 Order Issued
The State Tax Officer has ordered DRC-07 and demand ₹ 6420 each CGST& SGST Tax Respectively and ₹ 6420 each in CGST& SGST Penalty.What is the basis of this order?.How can paid this tax and penalty?
Replies (1)
As per Rule 142(6) , DRC 07 is order for recovery.
The DRC 07 is issued when SCN issued in form DRC 01 has been issued & the concern person has not made the payment in form DRC 03 or made short payment or not given the satisfactory explanation in DRC 06 , then proper officer issue DRC 07 stating the amount of demand & due date for making the payment of taxes along with interest & penalty.
Hence Deposit the tax & file DRC 03.
Note : As per Notification 49/2019 CT , the sub rule( 1A) under rule 142 being inserted , stating that , the proper officer shall before service of Notice u/s 73, 74 ,shall communicate the details of tax, interest & penalty as ascertain by officer in Part A of form DRC 1A
Hence if it is not done , can file appeal against the same & the Order can litigated & can quashed.
The DRC 07 is issued when SCN issued in form DRC 01 has been issued & the concern person has not made the payment in form DRC 03 or made short payment or not given the satisfactory explanation in DRC 06 , then proper officer issue DRC 07 stating the amount of demand & due date for making the payment of taxes along with interest & penalty.
Hence Deposit the tax & file DRC 03.
Note : As per Notification 49/2019 CT , the sub rule( 1A) under rule 142 being inserted , stating that , the proper officer shall before service of Notice u/s 73, 74 ,shall communicate the details of tax, interest & penalty as ascertain by officer in Part A of form DRC 1A
Hence if it is not done , can file appeal against the same & the Order can litigated & can quashed.
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
