https://www.taxtmi.com/caselaws?id=151544 A rule made under a taxing statute cannot impose a limitation period for exercising a statutory option unless the parent Act expressly authorises it. Under section 7 of the Tamil Nadu General Sales Tax Act, eligible dealers could opt for concessional assessment, and in the absence of any statutory time-limit, the option had to be exercised within a reasonable time. The scheme of the Act and rules showed that exercise of the option before final assessment was reasonable. As the dealer exercised the option before assessment, the claim for assessment under section 7 was valid and could not be rejected. en-us Tue, 12 Apr 1977 00:00:00 +0530 Fri, 07 Jun 2013 13:19:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151544 A rule made under a taxing statute cannot impose a limitation period for exercising a statutory option unless the parent Act expressly authorises it. Under section 7 of the Tamil Nadu General Sales Tax Act, eligible dealers could opt for concessional assessment, and in the absence of any statutory time-limit, the option had to be exercised within a reasonable time. The scheme of the Act and rules showed that exercise of the option before final assessment was reasonable. As the dealer exercised the option before assessment, the claim for assessment under section 7 was valid and could not be rejected. Case-Laws VAT and Sales Tax Tue, 12 Apr 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151544