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of <h1>GST Act Section 64: Tax Assessment on Unaccounted Goods with Interest and Penalties Detailed; Payment Deadline Specified.</h1> An assessment order under section 64 of the GST Act addresses unaccounted goods found in a specified location or vehicle. The order assesses the tax due on these goods, detailing the tax rate, turnover, tax period, and other financial liabilities such as interest and penalties. The recipient is instructed to pay the assessed amount by a specified date to avoid further recovery proceedings. The document includes a table summarizing the financial assessment, and notes that interest will accrue until the payment date. The form has been updated per recent notifications, reflecting changes in the required information.
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