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TMI BlogSummary assessment in certain special cases Section 64X X X X Extracts X X X X X X X X Extracts X X X X ..... protect the interest of revenue; Deeming person in charge of goods to be taxable person where taxable person to whom tax liability pertains is not ascertainable. It may be noted that summary assessment under section 64 is a fast track assessment in the interest of revenue whereby the proper officer directly issues the assessment order after taking the permission of designated Additional Commission ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt can be initiated irrespective of the fact whether taxable person has filed the return or not. Summary assessment under section 64 of the CGST Act, 2017 , can therefore, be construed in some sense as a protective assessment carried out in circumstances, where there are grounds to believe that taxable person will fail to make payment of any tax, penalty or interest, if the assessment is not compl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assessed to tax ( proviso to Section 64 of CGST /SGST Act). Deeming effect In cases the person who is supposed to be liable is not ascertainable, the provisions in this respect have been provided in section 64 of the CGST Act, 2017 as under: In case the person to whom the liability pertains is not ascertainable and the tax liability pertains to supply of goods, in such cases, the person in charge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or suo-moto by Joint/Additional Commissioner, as the case may be, the proper officer may start the proceedings for determination of tax under section 73 or section 74 [or Section 74A ( w.e.f. 01.11.2024 vide N.No. 17/2024 dated 27.09.2024 ) Inserted vide Finance (No. 2) Act, 2024 ] of the CGST Act, 2017 , as the case may be. It may be noted that every assessment order so withdrawn under section 6 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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