This document provides a comprehensive overview of Section 59, Self Assessment under the Goods and Services Tax (GST) Act. It explains the concept of self-assessment, its relevance, and the process involved for registered persons. The guide also touches upon the limits and responsibilities associated with self-assessment, making it a valuable resource for taxpayers and tax professionals seeking to understand their obligations under GST.
GST Act has provision relating to Assessments to be done of registered or unregistered person, Assessment means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgement assessment #pdf