Hi,
Your bike is out of tune.
You should get a workshop manual, and go through the entire tune up process, so you know how to do it. You'll be doing a lot of it.
Then, we can discuss things with you in an intelligent manner, when you have some idea about how to go about doing things.
I cannot help you with the Amal carb. The stock bikes have Mikarb(Mikuni copy) carbs, and I mostly use real Mikuni carbs. I could tell you about them, but not about an Amal.
My guess is that the carb is too lean, causing that backfire. But it could be combined with other things such as ignition tune issues, so it is advised to start at the beginning of the tuning process and make sure that everything is set as it is supposed to. Then we can troubleshoot or help fine tune it with you on the forum.
Welcome to the forum!
And BTW, your bike is an Iron Barrel type, so you should post this in the Bullet Iron Barrel part of the forum, so that more people with your model Bullet will see it and respond.