Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Failure to File GST Returns Can Lead to Tax Assessment Under Section 62; Late Fees and Interest Apply</h1> Under Section 62 of the Rajasthan Goods and Services Tax Act, 2017, if a registered person fails to file returns as required under sections 39 or 45, even after receiving a notice under section 46, the tax officer can assess the person's tax liability based on available information. This assessment must be completed within five years from the due date for the annual return related to the unpaid tax. If the person submits a valid return within thirty days of receiving the assessment order, the order is withdrawn, but they remain liable for interest and late fees under sections 50 and 47, respectively.