"Author is a Chartered Accountant by qualification having past experience of working with Big 4 Audit firm currently practicing in Delhi as a Partner in SASG & Co. He is a Commerce Graduate from Delhi University Also have completed Cerification in Goods & Service Tax from ICAI, Certification in Concurrent Audit of Banks from ICAI, and Certificate Course on Forensic Accounting & Fraud Detection from Institute of Chartered Accountants of India."
Introduction to GST- Section 63- Assessment of Unregistered Persons -Section 63 of CGST Act, 2017 is applicable to unregistered persons i.e., persons who are liable to obtain registration under Section 22 and have failed to obtain registration, will come within scope of operation of this section. -This provision also covers cases where registration was cancelled […]
Assessments Under GST Section-62 Assessment of non-filers of returns Introduction. -As per Section-62 provisions, proper officer can proceed to assess the tax liability of the said person to the best of his judgment, if taxpayer fails to file returns as per section 39 & as per section 45, -Taking into account all the relevant material which […]
Overview-Section 61 Scrutiny of Returns Scrutiny of Returns √ As per section-61 , 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 the discrepancies noticed, if any, in such manner as may be prescribed and √ Seek his explanation […]
Introduction- Section 60 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 the proper officer in writing giving reasons for payment of tax on a provisional basis and ♦The proper officer shall pass an order […]
Assessment Under GST Section-59 Self Assessment Overview -GST was introduced on 01st July 2017, It has been around 3.5 years, since its beginning every taxpayer had option for self assessment to rectify for any mistake or error done while complying with the provisions of GST Act & Rule made there under as per section-59 Self Assessment. […]
