TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Summary Assessment under Section 62 GST Act: Officers Can Assess Tax Liability Quickly to Protect Revenue Interests.</h1> Section 62 of the Central/State Goods and Services Tax Act, 2016, allows a proper officer to conduct a summary assessment of a person's tax liability if evidence suggests a liability and delay could harm revenue interests. This requires prior approval from an Additional or Joint Commissioner. If the liable person is unascertainable and the liability involves goods supply, the person managing the goods is deemed liable. A taxable person can apply within thirty days to challenge the order, and the Additional/Joint Commissioner may withdraw and re-assess the order if found erroneous, following the procedures in sections 66 or 67.
TaxTMI 
