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of <h1>GST Provisional Assessments: Finalization Process, Refund Eligibility, and Necessary Certifications Explained Under GST Regime Rules</h1> The process for finalizing provisional assessments under the GST regime involves electronic filing of returns, where taxpayers indicate if the tax paid is provisional. If the assessing officer agrees with the provisional status, the assessment remains provisional until resolved, ideally within 90 days. Upon finalization, a speaking order is issued, detailing any tax due or refund eligibility. Refunds are contingent on not passing the GST burden to consumers, verified by a Chartered Accountant's Certificate, unless below a specified threshold allowing self-certification. The refund amount is reflected in the return for the finalization month and may pertain to CGST, SGST, or IGST.
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