https://www.taxtmi.com/caselaws?id=251427 Where a self-assessment scheme separately provides for reassessment of escaped turnover, the limitation for escaped assessment runs under the specific reassessment provision and not from each monthly return; on that reading, the assessment was not time-barred. On merits, cotton terry towels were held not to fall within the exemption for cotton fabrics under the Andhra Pradesh Value Added Tax Act, as towels were treated under a different schedule entry and the claim was unsupported by the factual record. The assessment was therefore sustained, and the writ challenge failed on both limitation and exemption grounds. en-us Fri, 30 Dec 2011 00:00:00 +0530 Sat, 13 Sep 2014 13:02:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251427 Where a self-assessment scheme separately provides for reassessment of escaped turnover, the limitation for escaped assessment runs under the specific reassessment provision and not from each monthly return; on that reading, the assessment was not time-barred. On merits, cotton terry towels were held not to fall within the exemption for cotton fabrics under the Andhra Pradesh Value Added Tax Act, as towels were treated under a different schedule entry and the claim was unsupported by the factual record. The assessment was therefore sustained, and the writ challenge failed on both limitation and exemption grounds. Case-Laws VAT and Sales Tax Fri, 30 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251427