Different types of Assessment under GST
Assessment under GST refers to the process of determining the tax liability of a registered or liable person under the GST law. It is an important mechanism to ensure that the correct amount of tax is paid to the government and that taxpayers comply with the provisions of the CGST Act. The GST law provides for different types of assessments to address various situations faced by taxpayers, ranging from self-declared liabilities to assessments initiated by tax authorities.