https://www.taxtmi.com/manuals?id=2646 Provisional assessment allows a taxpayer unable to determine supply value or applicable tax rate to seek provisional payment by applying to the proper officer, executing a bond and furnishing security not exceeding twenty five per cent of the bond amount. The rules prescribe a sequence of notices, specified forms for application, provisional order, calls for information and final assessment, and time-limited extensions that may keep assessment provisional for up to five years. Interest is payable on any shortfall from the due date; overpayments may be claimed by electronic refund subject to unjust enrichment rules and interest on delayed refunds. Security is releasable by application and officer order within a short prescribed period after settlement. en-us Tue, 02 May 2023 16:59:00 +0530 Thu, 20 Jun 2024 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2646 Provisional assessment allows a taxpayer unable to determine supply value or applicable tax rate to seek provisional payment by applying to the proper officer, executing a bond and furnishing security not exceeding twenty five per cent of the bond amount. The rules prescribe a sequence of notices, specified forms for application, provisional order, calls for information and final assessment, and time-limited extensions that may keep assessment provisional for up to five years. Interest is payable on any shortfall from the due date; overpayments may be claimed by electronic refund subject to unjust enrichment rules and interest on delayed refunds. Security is releasable by application and officer order within a short prescribed period after settlement. Manuals GST Tue, 02 May 2023 16:59:00 +0530 https://www.taxtmi.com/manuals?id=2646