Assessment and Audit under CGST Act, 2017
Word “Assessment” has been defined in Section 2(11) of the CGST Act, 2017. As per Section 2(11), Assessment means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgment assessment. In simple words, ‘Assessment’ is estimation of tax liability of a registered person i.e., the amount of …