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<h1>Provisional assessment: electronic application and bond/security framework governs provisional tax payment and final assessment process.</h1> Provision for provisional assessment requires a registered person to apply electronically in FORM GST ASMT-01 with supporting documents. The proper officer may seek additional information (FORM GST ASMT-02) and the officer issues a provisional order (FORM GST ASMT-04) specifying provisional value/rate and bond and security (not exceeding 25% of the bonded amount). The applicant executes bond (FORM GST ASMT-05) and furnishes security; prior bonds under related GST laws are deemed valid. Finalization involves notice (FORM GST ASMT-06), final order (FORM GST ASMT-07), application for release of security (FORM GST ASMT-08) and release order (FORM GST ASMT-09) within seven working days after payment is ensured.