https://www.taxtmi.com/caselaws?id=255482 The court held that the assessing authorities were not justified in enforcing the higher compounded tax rate of Rs. 1,50,000/- as it altered the basis on which the assessees had opted for the scheme. The court quashed the orders and allowed the petitioners to be assessed under the regular provisions of the KVAT Act for the relevant assessment year. Assessing authorities were directed to complete assessments within three months, granting the petitioners a hearing opportunity. The writ petitions were disposed of accordingly. en-us Mon, 27 Oct 2014 00:00:00 +0530 Fri, 16 Oct 2015 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255482 The court held that the assessing authorities were not justified in enforcing the higher compounded tax rate of Rs. 1,50,000/- as it altered the basis on which the assessees had opted for the scheme. The court quashed the orders and allowed the petitioners to be assessed under the regular provisions of the KVAT Act for the relevant assessment year. Assessing authorities were directed to complete assessments within three months, granting the petitioners a hearing opportunity. The writ petitions were disposed of accordingly. Case-Laws VAT and Sales Tax Mon, 27 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255482