https://www.taxtmi.com/caselaws?id=164415 An assessee that consciously opts for composition under section 17(6) of the Karnataka Sales Tax Act cannot later withdraw that election and seek regular assessment under section 5B once the option has been accepted. The Karnataka High Court relied on earlier Division Bench rulings holding that a dealer is bound by the composition choice and is estopped by conduct from resiling from it at a later stage. It also clarified that Mycon Construction Limited did not lay down a general right to shift to section 5B, because the liberty granted there arose from the State's concession in the context of a constitutional challenge to section 17(6). The earlier single judge order was therefore liable to be set aside. en-us Fri, 10 Dec 2004 00:00:00 +0530 Wed, 23 Apr 2014 17:44:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164415 An assessee that consciously opts for composition under section 17(6) of the Karnataka Sales Tax Act cannot later withdraw that election and seek regular assessment under section 5B once the option has been accepted. The Karnataka High Court relied on earlier Division Bench rulings holding that a dealer is bound by the composition choice and is estopped by conduct from resiling from it at a later stage. It also clarified that Mycon Construction Limited did not lay down a general right to shift to section 5B, because the liberty granted there arose from the State's concession in the context of a constitutional challenge to section 17(6). The earlier single judge order was therefore liable to be set aside. Case-Laws VAT and Sales Tax Fri, 10 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164415