Lucky, a registered person under the GST law had failed to furnish return under section 39 of the CGST Act, 2017 even after service of notice by the proper officer. Proper Officer assessed the tax liability based on rele
CS Professional · Advanced Tax Laws · PYQS · December 2023
Lucky, a registered person under the GST law had failed to furnish return under section 39 of the CGST Act, 2017 even after service of notice by the proper officer. Proper Officer assessed the tax liability based on relevant material and information gathered and issued the "Best Judgment Assessment Order". Answer the following based on the provision of best judgment assessment: (i) Time period within which such best judgment assessment order may be issued.
Answer & Explanation:
Best judgment assessment order is required to be issued within 5 years from the date specified under section 44 of the Central Goods and Services Tax for furnishing of the annual return for the financial year to which the tax not paid relates.
Topics: GST
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