https://www.taxtmi.com/caselaws?id=167750 A dealer who voluntarily opts for the Kerala VAT compounded tax scheme is bound by its statutory conditions, and Section 8(f)(ii) validly permits refusal or cancellation of permission for valid and sufficient reasons, including stock held exceeding double the previous year's quantity. The Court found no basis to read down or strike down the provision, as reading down cannot be used merely to soften an onerous condition, and no violation of Articles 14 or 19(1)(g) was shown. A later amendment omitting the stock-based ground did not invalidate cancellation for the earlier assessment year, because the law in force for that year continued to apply. The challenge failed, subject to any available appellate remedy. en-us Mon, 04 Feb 2013 00:00:00 +0530 Sat, 03 Jan 2015 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167750 A dealer who voluntarily opts for the Kerala VAT compounded tax scheme is bound by its statutory conditions, and Section 8(f)(ii) validly permits refusal or cancellation of permission for valid and sufficient reasons, including stock held exceeding double the previous year's quantity. The Court found no basis to read down or strike down the provision, as reading down cannot be used merely to soften an onerous condition, and no violation of Articles 14 or 19(1)(g) was shown. A later amendment omitting the stock-based ground did not invalidate cancellation for the earlier assessment year, because the law in force for that year continued to apply. The challenge failed, subject to any available appellate remedy. Case-Laws VAT and Sales Tax Mon, 04 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167750