https://www.taxtmi.com/caselaws?id=164442 A dealer who voluntarily elects 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 scheme has been chosen and acted upon. The Karnataka HC treated the later request to shift out of composition as impermissible because the statute did not contemplate a right of retraction after a conscious election. It also held that the amendment to rule 8B(1), which expressly barred withdrawal, was clarificatory of the existing legal position rather than a new restriction, and therefore applied to the dispute. en-us Mon, 15 Feb 2010 00:00:00 +0530 Thu, 16 Oct 2014 08:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164442 A dealer who voluntarily elects 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 scheme has been chosen and acted upon. The Karnataka HC treated the later request to shift out of composition as impermissible because the statute did not contemplate a right of retraction after a conscious election. It also held that the amendment to rule 8B(1), which expressly barred withdrawal, was clarificatory of the existing legal position rather than a new restriction, and therefore applied to the dispute. Case-Laws VAT and Sales Tax Mon, 15 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164442