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VAT - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Re-opening of assessment - - sales tax / vat - escaped ...


Re-opening VAT assessments due to 'audit objection' isn't valid 'information' u/s 19, making it impermissible.

March 23, 2017

Case Laws     VAT and Sales Tax     SC

Re-opening of assessment - - sales tax / vat - escaped assessment - whether an ‘audit objection’ can be construed as ‘information’ within the meaning of Section 19 of the State Act - Held no - reopening of assessment not permissible. - SC

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