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2011 (12) TMI 456 - KERALA HIGH COURTBenefit of compounding facility - whether the Tribunal was justified in holding that the respondent was entitled to the compounding facility for payment of turnover tax on the sale of liquor initially granted, but later withdrawn - Held that:- there is nothing to indicate in the section that three years' continuous business prior to the year for which compounding sought is mandatory for applying for compounding. In other words, the view taken by the Tribunal that clause (b) of section 7(1)(ii) applies only in cases where the applicants have three years' continuous business prior to the year in which compounding is applied for, and that it is not a mandatory requirement for granting the facility. We do not think we should interfere with the order of the Tribunal because the interpretation placed by the Tribunal on the above section is a possible view, the benefit of which the dealer is entitled - Decided against Revenue.
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