https://www.taxtmi.com/caselaws?id=255482 An assessee who opted to pay tax at the compounded rate under the Kerala Value Added Tax Act on the statutory basis then reflected in the proviso could not be automatically bound by an enhanced rate introduced retrospectively by amendment before permission was granted. The court noted that the option was exercised on a particular statutory footing, and once that footing changed before final orders, the assessee had to be allowed to reconsider whether to continue under the compounding scheme. The revised compounding liability could not be imposed by default, and the impugned orders were unsustainable. 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 An assessee who opted to pay tax at the compounded rate under the Kerala Value Added Tax Act on the statutory basis then reflected in the proviso could not be automatically bound by an enhanced rate introduced retrospectively by amendment before permission was granted. The court noted that the option was exercised on a particular statutory footing, and once that footing changed before final orders, the assessee had to be allowed to reconsider whether to continue under the compounding scheme. The revised compounding liability could not be imposed by default, and the impugned orders were unsustainable. Case-Laws VAT and Sales Tax Mon, 27 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255482