Bond in Form GST ASMT-05 for payment of the differential tax on provisional assessment

On non-judicial stamp paper of the value prescribed in the State concerned

BOND FOR PROVISIONAL ASSESSMENT UNDER SECTION 60 OF THE CENTRAL GOODS AND SERVICES TAX ACT 2017

I/We, [Name of the taxpayer], a [company incorporated under the Companies Act 2013 / limited liability partnership / proprietary concern] having its [registered office / principal place of business] at [Taxpayer's address] and registered under the Central Goods and Services Tax Act 2017 and the [State] Goods and Services Tax Act 2017 bearing GSTIN [Taxpayer's GSTIN] (hereinafter called “the obligor”), am/are held and firmly bound to the President of India / the Governor of [State] (hereinafter called “the Government”) in the sum of Rs [amount in figures] (Rupees [Bond amount in words] only) to be paid to the Government, for which payment I/we bind myself/ourselves, my/our heirs, executors, administrators, legal representatives and successors by these presents.