https://www.taxtmi.com/caselaws?id=335984 Section 25C of the Kerala Value Added Tax Act applies only where presumptive tax status is denied for breach of the specific conditions in Section 6(5); it cannot be invoked merely because suppression of purchases or turnover is detected. Input tax credit or special rebate under that provision arises only on such statutory disqualification. Section 22(7) operates as an independent penalty provision for dealers covered by Section 6(5), permitting penalty where the tax paid is less than the tax legally payable. Where assessed taxable turnover for one year remained below Rs. 60 lakhs, fresh consideration of the assessment and related penalty was warranted; other challenges did not succeed. en-us Thu, 24 Nov 2016 00:00:00 +0530 Tue, 20 Mar 2018 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335984 Section 25C of the Kerala Value Added Tax Act applies only where presumptive tax status is denied for breach of the specific conditions in Section 6(5); it cannot be invoked merely because suppression of purchases or turnover is detected. Input tax credit or special rebate under that provision arises only on such statutory disqualification. Section 22(7) operates as an independent penalty provision for dealers covered by Section 6(5), permitting penalty where the tax paid is less than the tax legally payable. Where assessed taxable turnover for one year remained below Rs. 60 lakhs, fresh consideration of the assessment and related penalty was warranted; other challenges did not succeed. Case-Laws VAT and Sales Tax Thu, 24 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335984