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Major decisions taken in 32nd GST Council Meeting


Bank account details are not required for GST Registration now


Standard Operating Procedure on TDS updated as on 27.12.2018 issued by CBIC


Guidelines and procedure of applications for financial assistance under the Central Scheme named Seva Bhoj Yojna for reimbursement of central tax and Central Government share of integrated tax paid on the purchase of raw food items.


31st GST Council Meeting held on 22 December 2018 - Rate changes and clarification in Goods


31st GST Council Meeting held on 22 December 2018 - GST rate on services


31st GST Council Meeting held on 22 December 2018 - Certain important issues referred by GST Council to various Committees / GoM


31st GST Council Meeting held on 22 December 2018 - In-Principle approval given for Law Amendments


31st GST Council Meeting held on 22 December 2018 - Formation of Group of Minister as Recommended by the GST Council


31st GST Council Meeting held on 22 December 2018 - Recommendations in Return Filing and Procedural Changes


31st GST Council Meeting held on 22 December 2018 - Recommendations in GST Rate Changes


Directorate General of GST Intelligence arrested the promoters of two Mumbai-based textile firms


Prime Minister promises relief in GST on many products from 28% to 18%


Development of new return filing system and sharing of data by GSTN with tax authorities


FAQ on GSTR-9C released by ICAI Indirect Tax Committee


Goods and Services Tax (GST) evasion


Gujrat High Court admits appeal on last date to avail ITC for July 2017 to March 2018


Hunt for missing taxpayers under GST?


Removal of difficulty order regarding extension of due date for filing of Annual return in FORM GSTR-9, GSTR-9A and GSTR-9C


Johnson company found guilty for not passing the benefit of GST reduction from 28% to 18%

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S.No. Form Name Description Relevant Rule Relevant Notifications / Circulars etc. Download Form
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Form GST ASMT-04 in word format

Form GST ASMT-04 in pdf

Order of Provisional Assessment

319 Form GST ASMT - 05 [See rule 98(4)] Furnishing of Security 1. GSTIN 2. Name 3. Order vide which security is prescribed Order No. Order date 4. Details of the security furnished Sr. No. Mode Reference no. / Debit entry no. (for cash payment) Date Amount Name of Bank 1 2 3 4 5 6 Note – Hard copy of the bank guarantee and bond shall be submitted on or before the due date mentioned in the order. 5. Declaration - (i) The above-mentioned bank guaranteeis submitted to secure the differential tax on the supply of goods and/or services in respect of which I/we have been allowed to pay taxes on provisional basis. (ii) I undertake to renew the bank guarantee well before its expiry. In case I/We fail to do so the department will be at liberty to get the payment from the bank against the bank guarantee. (iii) The department will be at liberty to invoke the bank guarantee provided by us to cover the provisional assessment in case we fail to furnish the required documents/ information to facilitate finalization of provisional assessment. Signature of Authorised Signatory Name Designation / Status ------- Date ---------- 320 Bond for provisional assessment [Rule 98(3) & 98(4)] I/We.................of....................,hereinafter called "obligor(s)", am/are held and firmly bound to the President of India (hereinafter called "the President"/ the Governor of …………(State) (hereinafter called the “Governor”) in the sum of......................rupees to be paid to the President/ Governor for which payment will and truly to be made. I/We jointly and severally bind myself/ourselves and my/our respective heirs/ executors/ administrators/ legal representatives/successors and assigns by these presents; Dated of....................; WHEREAS final assessment of Integrated tax/ central tax/ State tax / Union territory taxon .................................. (name of goods/services or both-HSN:___________) supplied by the above bounded obligor from time to time could not be made for want of full information with regard to the value or rate of tax applicable thereto; and whereas the obligor desires that the provisional assessment in accordance with the provisions ofSection 60 be made; AND WHEREAS the Commissioner has required the obligor to furnish bank guarantee for an amount of ............................................ rupees endorsed in favour of the President/ Governor and whereas the obligor has furnished such guarantee by depositing with the Commissioner the bank guarantee as aforementioned; The condition of this bond is that the obligor and his representative observe all the provisions of the Act in respect of provisional assessment under section 60; And if all dues of Integrated tax/ Central tax/ State tax/ Union territory tax or other lawful charges, which shall be demandable after final assessment, are duly paid to the Government along with interest, if any, within thirty days of the date of demand thereof being made in writing by the said Officer, this obligation shall be void; OTHERWISE and on breach or failure in the performance of any part of this condition, the same shall be in full force and virtue: AND the President/ Governor shall, at his option, be competent to make good all the loss and damages from the amount of bankguarantee or by endorsing his rights under the above-written bond or both; I/We further declare that this bond is given under the orders of the Central Government/ State Government for the performance of an act in which the public are interested; IN THE WITNESS THEREOF these presents have been signed the day hereinbefore written by the obligor(s). 321 Signature(s) of obligor(s). Date : Place : Witnesses (1) Name and Address Occupation (2) Name and Address Occupation Date Place Witnesses (1) Name and Address Occupation (2) Name and Address Occupation Accepted by me of ......................... (month).................…….. (year) ………………………………..of …………….. (Designation) for and on behalf of the President of India./ Governor of …………… (state)".

Rule - 98