Assessment Revision Under HVAT Sections 40, 28, 31 Must Conclude Within 5 Years of Original Order. https://www.taxtmi.com/highlights?id=30682 Revision of assessment after 5 years - period of limitation - section 40 r.w.s. 28 & 31 of HVAT - Revision proceedings must conclude within 5 years from the date of order. - It is not merely initiation of proceedings for revision. - HC en-us Mon, 08 Aug 2016 18:49:02 +0530 Mon, 08 Aug 2016 18:49:02 +0530 TaxTMI RSS Generator Assessment Revision Under HVAT Sections 40, 28, 31 Must Conclude Within 5 Years of Original Order. https://www.taxtmi.com/highlights?id=30682 Revision of assessment after 5 years - period of limitation - section 40 r.w.s. 28 & 31 of HVAT - Revision proceedings must conclude within 5 years from the date of order. - It is not merely initiation of proceedings for revision. - HC Highlights VAT and Sales Tax Mon, 08 Aug 2016 18:49:02 +0530 https://www.taxtmi.com/highlights?id=30682