Assessment Cannot Be Reopened if Limitation Period Expired Before Amendment Extending Timeline: Kerala High Court
In a recent decision, the Kerala High Court addressed the issue of the proper procedure for assessment under the Kerala Value Added Tax Act, specifically dealing with the non-compliance of natural justice principles and the time frame for issuing notices. The case involved Bhima Jewellery and Diamonds P. Ltd., a jewelry company based in Kannur, which had been issued an assessment order by the State Goods and Service Tax Department.…
