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Home Acts & Rules Bill GST - Draft-Bills-Reports FAQ on GST dated 21.9.2016 based on Draft Model GST Chapter 13 = Assessment and Audit Chapters List This

Assessment and Audit - FAQ on GST dated 21.9.2016 based on Draft Model GST

Chapter: 13
Assessment and Audit
Question 1	:	Who is the person responsible to make assessment of taxes payable under the Act?
Question 2	:	Is there any provision in MGL for tax treatment of goods returned by the recipient?
Question 3	:	‘A’ supplied goods to ‘B’ in April 2017, these goods were returned by ‘B’ to ‘A’ on June 2017. The tax rate charged by ‘A’ on such goods was 18%. In May 2017, the rate was amended to 18.5%. What is the tax payable on return of such inward supply by ‘B’ to ‘A’?
Question 4	:	When can a taxable person pay tax on a provisional basis?
Question 5	:	What is the latest time by which final assessment is required to be made?
Question 6	:	Where the tax liability as per the final assessment is higher than in provisional assessment, will the taxable person be liable to pay interest?
Question 7	:	What recourse may be taken by the officer in case proper explanation is not furnished for the discrepancy detected in the return filed under section 45 of MGL?
Question 8	:	Whether Proper Officer is required to give any notice to taxable person before completing assessment u/s 46?
Question 9	:	If a taxable person fails to file the return required under law (under section 27 or 31), what legal recourse is available to the tax officer?
Question 10	:	Under what circumstances can a best judgment assessment order issued under section 46 be withdrawn?
Question 11	:	What is the time limit for passing order u/s 46 and 47?
Question 12	:	What is the legal recourse available in respect of a person who is liable to pay tax but has failed to obtain registration?
Question 13	:	Under what circumstances can a tax officer initiate Summary Assessment?
Question 14	:	Other than appellate remedy, is there any other recourse available to the taxpayer against a summary assessment order?
Question 15	:	Is summary assessment order to be necessarily passed against the taxable person?
Question 16	:	Who can conduct audit of taxpayers?
Question 17	:	Whether any prior intimation is required before conducting the audit?
Question 18	:	What is the period within which the audit is to be completed?
Question 19	:	What is meant by commencement of audit?
Question 20	:	What are the obligations of the taxable person when he receives the notice of audit?
Question 21	:	What would be the action by the proper officer upon conclusion of the audit?
Question 22	:	Under what circumstances can a special audit be instituted?
Question 23	:	Who can serve the notice for special audit?
Question 24	:	Who will do the special audit?
Question 25	:	What is the time limit to submit the audit report?
Question 26	:	Who will bear the cost of special audit?
Question 27	:	What action the tax authorities may take after the special audit?

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