GST ASMT 10 Notices Raise Concern Over Varying Response Deadlines
Indore (Madhya Pradesh): Assessment notices, commonly known as ASMT-10 notices, are currently being issued in the state for the scrutiny of GST returns for the financial year 2024-25 by the GST Department. In the notices, numerous practical and legal questions have arisen concerning the additional information, documents and data requested, as well as the varying timeframes stipulated for…
The GST Department in Madhya Pradesh is currently issuing Assessment Notices, known as ASMT-10, to scrutinize GST returns for the financial year 2024-25. These notices have sparked concerns due to the varying response deadlines and the specific information requested. Section 61 of the CGST Act outlines the process for issuing ASMT-10 notices when there is a mismatch or error in the filed returns.
The notice provides taxpayers with an opportunity to explain any discrepancies between their declared tax and the department's data. However, under this procedure, taxpayers are typically given a 30-day window to submit a response. Yet, in many cases, the prescribed response periods have been inconsistent, ranging from nine to 23 days.
This inconsistency has raised questions about the uniformity and legality of the process, potentially creating undue compliance pressure on taxpayers and their authorized representatives. During a meeting organized by the Commercial Tax Practitioners Association (CTPA) and MPTLBA, tax experts and practitioners shared their experiences with the ASMT-10 notices, highlighting the practical difficulties faced and discrepancies noted.
GST expert Ashish Lakhotia emphasized that the leadership of CTPA Indore and MPTLBA agreed to compile all major objections and submit a detailed memorandum to the Commissioner of the State GST Department.
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