Provisional assessment permits provisional GST payment where value or rate is uncertain, conditional on bond and security. Provisional assessment permits taxpayers who cannot determine taxable value or rate to request provisional payment by written electronic application; the proper officer may allow payment subject to a prescribed bond and security, issue a provisional order specifying provisional value/rate and security amount, and the taxpayer must furnish the bond and bank guarantee before supplying and paying tax on the provisional basis.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Provisional assessment permits provisional GST payment where value or rate is uncertain, conditional on bond and security.
Provisional assessment permits taxpayers who cannot determine taxable value or rate to request provisional payment by written electronic application; the proper officer may allow payment subject to a prescribed bond and security, issue a provisional order specifying provisional value/rate and security amount, and the taxpayer must furnish the bond and bank guarantee before supplying and paying tax on the provisional basis.
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