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2011 (6) TMI 516 - KERALA HIGH COURTDemand of tax and interest - assessee, a dealer in paper, remitted tax at four per cent on paper sold during the year 2001-02. However, rate of tax on paper was increased during the financial year from four per cent to eight per cent. Since returns filed and tax paid was at four per cent as against eight per cent payable, the assessee was in arrears of substantial amount of tax - assessee made an application for settlement of liability under the Amnesty Scheme under section 23B(2) of the KGST Act – Held that:- there is no revocation of amnesty order by the officer and so much so it binds the officer. However, since we have found that regular assessment is permissible under the statute even after settlement of liability based on returns filed and pending assessment, the assessment itself has the effect of neutralising or reversing the amnesty benefit granted by the officer, assessing officer had not computed the liability at the time of granting amnesty benefit but just accepted the offer made by the petitioner based on returns filed, sales tax revision is therefore dismissed as devoid of merit
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