What is an assessment in GST?

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2025-01-03 10:10:18 -

Under the Goods and Services Tax (GST) regime, assessment refers to determining the tax liability of a taxpayer. The GST law provides various types of assessments to ensure taxpayers comply with their obligations. The primary goal of GST assessments is to maintain transparency and accuracy in tax payments, prevent evasion, and resolve disputes. For businesses that have completed GST...

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