2015 (2) TMI 234

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....esh V. Menon for the petitioner. Bobby John, Government Pleader, for the respondents. JUDGMENT The short issue that arises is as to whether a dealer who opts to pay compounded tax under section 8(f)(i) of the Kerala Value Added Tax Act, 2003 ("the KVAT Act", for short) is entitled to say that, since one of his branches was closed down on the last date of the previous financial year (2011-12) in....

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....into branches, for the purpose of determining the total turnover to determine the annual turnover, for the purpose of such determination. 3. Explanation 3 under section 8(f)(i) is also categoric to the effect that dealers opting for payment of tax under that clause shall pay compounded tax in respect of their branches existing in the year (to which the option relates). While that Explanation excl....