NOTICE ASMT-14 ISSUED

A Dealer Notice received ASMT-14 see rule 100(2)  cancelled of gst number under sec 29(2) gst act discrepancies gstr1 vs gstr3b returns

tax: 28%  and 18% rates

Turnover rs:282450/- and 904688/-

Question:

Dealer notice show amount tax pay .

Replies (2)
Quick Summary
A GST registration has been cancelled under Section 29(2) for non-filing of returns, leading to the issuance of notice ASMT-14. This notice means an officer will assess your tax liability under Section 63. You have 15 days to respond with Form ASMT-15, or a demand order (DRC-07) will be issued. Filing pending returns with late fees is often the quickest way to resolve this.

Dear Kollipara .
Notice under form ASMT-14 is issued to the taxpayers whose registration has been cancelled under section 29(2) for Non filing of returns & in such cases Section 63 gives power to officer to assess the tax liability of such person to the best of his judgment for the relevant period.
Prepare your reply in Form Asmt 15 & contact to proper officer in this regard.
(It's 15 days time to file your reply from date of receipt of Notice) else the Order in DRC 07 will be issue.

ASMT-14 comes after your registration was cancelled for non-filing, and the officer is now assessing your tax liability under Section 63. You have 15 days from the date of notice to file your reply in Form ASMT-15 through the GST portal. If you skip this, a demand order in DRC-07 will be issued and you lose the chance to present your case. Filing the pending returns with applicable late fees is usually the fastest path to getting the assessment closed.

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