FORM GST DRC-24 - Intimation to a liquidator of current and anticipated liabilities
A liquidator has notified appointment and sufficient provision for current/likely tax liabilities must be identified.
Responsible actor: The Commissioner notifies the liquidator after inquiry. Provision: Section 88(1),(2); rule 160; section 82 IBC qualification.
Official source and completed example
Download official blank source extract PDF Download completed fictional sample PDF
The sample is a flowed model of the prescribed fields and selected paragraphs, not an official issued PDF. Names, references and facts are fictional. It contains no signature, stamp, DSC or simulated approval.
Current law checked 21 October 2026. Fictional September/October 2026 alternative branches, unsigned and unissued; source 2022 form plus identified later amendments.
Worked facts and completed entries
Independent liquidation branch: a fictional liquidator is appointed 1 September 2026 and notifies the Commissioner10 September, within thirty days. After inquiry, the Commissioner’s15 October intimation identifies final penalty 40000 and separately anticipated tax 20000, total provisional reserve 60000. The anticipated amount is not a final adjudicated demand.
Liquidator and company
| To | Leela Sen, liquidator, Illustration Insolvency Office, Bengaluru (fictional; no actual professional registration asserted) |
|---|---|
| Company / GSTIN | Aster Learning Supplies Private Limited (fictional) /29AABCA0000A1ZT |
| Appointment / intimation reference / date | 1 September 2026 /ILLUSTRATION-LIQ-INTIMATION /10 September 2026 |
| Demand order / date / period | ILLUSTRATION-PENALTY-2026-0601 /1 June 2026 /January 2024 |
| Notification date | 15 October 2026 |
Current final liability, INR
| Act | Tax / cess | Interest | Penalty | Fee | Other | Total |
|---|---|---|---|---|---|---|
| IGST | 0 | 0 | 0 | 0 | 0 | 0 |
| CGST | 0 | 0 | 20000 | 0 | 0 | 20000 |
| SGST | 0 | 0 | 20000 | 0 | 0 | 20000 |
| Cess | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 40000 | 0 | 0 | 40000 |
Separately anticipated liability, INR
| Act | Tax | Interest | Penalty | Fee / other | Total |
|---|---|---|---|---|---|
| CGST | 10000 | 0 | 0 | 0 /0 | 10000 |
| SGST | 10000 | 0 | 0 | 0 /0 | 10000 |
| IGST /Cess | 0 | 0 | 0 | 0 /0 | 0 |
| Total | 20000 | 0 | 0 | 0 /0 | 20000 |
Intimation and sufficient-provision paragraph
Please make sufficient provision of 60000 for the separately identified current 40000 and anticipated 20000 before final winding up, subject to actual liability determination and the governing liquidation law. The estimate is based on an identified unpaid invoice under inquiry; it does not itself replace a notice/hearing/adjudication for that anticipated tax. The notification follows the 10 September appointment intimation within three months.
Commissioner and effect
| Name / designation | R. Kavya /Commissioner, Bengaluru (fictional) |
|---|---|
| Place / date / signature | Bengaluru /15 October 2026 /not executed |
| Priority qualification | No assertion that GST overrides the Insolvency and Bankruptcy Code; section 82 expressly preserves the IBC qualification |
How this form moves the matter forward
- Liquidator intimates appointment within thirty days under section 88(1).
- Commissioner inquires and notifies within three months of receipt, separating current from anticipated liabilities.
- Reconcile the provision with actual determinations, payments and the governing liquidation/IBC process.
Evidence supporting these entries
- Appointment/intimation receipt
- Current final demand and separately evidenced anticipated exposure
- Inquiry, notification and liquidation provision/priority record
Additional primary authority: Official CGST Act as on 11 June 2026, sections 78–80 PDF pages 73–75, section 83 PDF page 75, section 88 PDF pages 76–77, section 122(1)(vii).
Additional primary authority: Current rules 143–160, PDF pages 350–357; 144(5) payment from auction versus 147(12) payment from notice;159 current objection/release/expiry provisions.
Period and legal consequences
DRC-24 is not a generic demand register or direct adjudication of anticipated tax. The example does not certify a distribution priority or bypass insolvency law. Directors’ possible statutory liabilities require their own factual/exception analysis.
Primary source and exact locator
Official notified form source: PDF pages 456-456; printed pages 450-450.
CGST Act and government-hosted Act and Rules compilation - Section 88(1),(2); rule 160; section 82 IBC qualification. Source and example revision: 21 October 2026.
Questions answered by this example
Who prepares or issues this form?
The Commissioner notifies the liquidator after inquiry. A liquidator has notified appointment and sufficient provision for current/likely tax liabilities must be identified.
Can this sample be filed or treated as an issued document?
No. It is a completed fictional teaching example. Use the notified form and the authenticated portal/proceeding record for an actual matter. The example contains no executed signature or official approval.
What must reconcile before the next step?
Appointment/intimation receipt; Current final demand and separately evidenced anticipated exposure; Inquiry, notification and liquidation provision/priority record.