https://www.taxtmi.com/acts?id=2944 Applications may be made to the Commissioner for determination of specified determinable questions about VAT treatment of transactions, covering dealer status, registration, taxable quantum, classification, taxability, valuation, tax credit entitlement, composition scheme applicability, and tax period. Applications are barred once an audit notice is served or an assessment for the relevant period is issued. The Commissioner must determine within the prescribed period; failure to do so plus the applicant's implementation in reliance and a stated proposed determination results in a deemed determination in the applicant's terms. Determinations can be limited or qualified and protect the applicant from inconsistent assessments and penalties for relied-upon transactions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 17 Jul 2012 10:43:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2944 Applications may be made to the Commissioner for determination of specified determinable questions about VAT treatment of transactions, covering dealer status, registration, taxable quantum, classification, taxability, valuation, tax credit entitlement, composition scheme applicability, and tax period. Applications are barred once an audit notice is served or an assessment for the relevant period is issued. The Commissioner must determine within the prescribed period; failure to do so plus the applicant's implementation in reliance and a stated proposed determination results in a deemed determination in the applicant's terms. Determinations can be limited or qualified and protect the applicant from inconsistent assessments and penalties for relied-upon transactions. Act-Rules VAT - Delhi Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2944