https://www.taxtmi.com/caselaws?id=356008 Turnover not covered by a compounding declaration under the Kerala Value Added Tax Act may be taxed at the regular rate when it falls outside the option accepted by the Department. The compounding scheme under Section 8(c)(1) applies only to the turnover declared for compounding, so suppressed or undeclared turnover is not protected by that arrangement. On that basis, the assessing authority may invoke the regular rate under Section 6(1) for the uncovered turnover. The assessment order had already been considered on this footing, and no ground was shown for review. The levy at the regular rate was upheld and the review petitions were dismissed. en-us Thu, 16 Nov 2017 00:00:00 +0530 Thu, 22 Feb 2018 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356008 Turnover not covered by a compounding declaration under the Kerala Value Added Tax Act may be taxed at the regular rate when it falls outside the option accepted by the Department. The compounding scheme under Section 8(c)(1) applies only to the turnover declared for compounding, so suppressed or undeclared turnover is not protected by that arrangement. On that basis, the assessing authority may invoke the regular rate under Section 6(1) for the uncovered turnover. The assessment order had already been considered on this footing, and no ground was shown for review. The levy at the regular rate was upheld and the review petitions were dismissed. Case-Laws VAT and Sales Tax Thu, 16 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356008