In section 63:
Mentioned that assessment of cancelled dealer who was liable to pay tax.for relevant period
Please clear that this relevant period is after the date of cancellation or prior to the date of cancellation.
Because prior to the date of cancellation,the dealer act as registered person and Non-filer of gstr return.s o at that period assessment u/s 62 will apply.
Than section 63 will apply in which period.
liabilty due after the date of cancellation?
Assessment under section 63
Replies (1)
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Section 62 covers the period when the taxpayer was registered but failed to file returns.
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Section 63 covers the period after the cancellation of registration where the person continued to operate and incur tax liabilities while being unregistered.
In short, Section 63 specifically targets the "unregistered" status (whether due to never registering or having a cancelled registration) for the duration of the activity performed while in that unregistered state.
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