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2019 (5) TMI 321 - HC - VAT and Sales TaxTime limitation - relevant date for initiation of final assessment order - Interpretation of statute - amended provisions of Section 16(1) of the TNGST Act - Assessment of escaped turnover - Whether the proceedings of the Respondent for revised assessment are barred by limitation? HELD THAT:- The amendment would apply to the re-assessment proceedings because the limitation period under the pre-amended Section 16 expired on 31.03.2005 in W.P.No.36497 of 2006, whereas the amendment came into effect on 01.07.2002. As regards W.P.Nos. 36865 and 36866 of 2006, as stated earlier, the re-assessment proceedings were within the period of limitation under the preamended Section 16(1). Even otherwise, in view of the above conclusion regarding the applicability of the amendment, the re-assessment proceedings are not barred by limitation. Petition dismissed.
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