GST-Goods and Service Tax - 333. page

Goods and Services Tax Act – GST Law

Summary assessment in certain special cases : The proper officer may, on any evidence showing a tax liability of a person coming to his notice, with the previous permission of […]

Assessment cannot to be invalid on minor grounds, errors can be rectified : Assessment or re-assessment cannot be invalidated on minor grounds. Notice cannot be challenged if acted upon. Errors […]

Audit by tax authorities : “Audit” means the examination of records, returns and other documents maintained or furnished by the registered person under this Act or the rules made thereunder […]

Procedure during departmental audit : During the course of audit, the authorised officer may require the taxable person – (i) to afford him the necessary facility to verify the books […]

Scrutiny of returns : The proper officer may scrutinize the return and related particulars furnished by the registered person to verify the correctness of the return and inform him of […]

Best Judgment Assessment of non-filers of returns : If a registered taxable person fails to furnish the return under section 39 or 45, even after the service of a notice […]

Best judgment Assessment of unregistered persons : Notwithstanding anything to the contrary contained in section 73 or section 74, where a taxable person fails to obtain registration even though liable […]

Principles behind best judgment assessment : Best judgment assessment is one of the tools to harass taxable persons. Really, best judgment assessment cannot be on basis of whims and fancies. […]

Provisional Assessment : Where the taxable person is unable to determine the value of goods or services or both or determine the rate of tax applicable thereto, he may request […]

Transitory provisions in respect of goods sent to job worker prior to appointment day : A taxable person might have sent Inputs, semi-finished goods and finished goods outside before 1-7-2017 […]