https://www.taxtmi.com/caselaws?id=272924 Compounding under the Kerala General Sales Tax Act for a bar hotel dealer is processed under Rule 30, where the application is first considered for grant or rejection and, if allowed, the compounded tax is fixed by reference to the accounting year's purchase turnover and prior sales turnover. Because the purchase turnover for the accounting year can be ascertained only after year-end, the final order allowing compounding may validly be issued only on completion of that year. The subsequent demand notice and annual return mechanism are part of the statutory process for determining and collecting the compounded tax and any shortfall, so the proceedings are within jurisdiction. en-us Tue, 19 Aug 2014 00:00:00 +0530 Thu, 24 May 2018 20:29:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272924 Compounding under the Kerala General Sales Tax Act for a bar hotel dealer is processed under Rule 30, where the application is first considered for grant or rejection and, if allowed, the compounded tax is fixed by reference to the accounting year's purchase turnover and prior sales turnover. Because the purchase turnover for the accounting year can be ascertained only after year-end, the final order allowing compounding may validly be issued only on completion of that year. The subsequent demand notice and annual return mechanism are part of the statutory process for determining and collecting the compounded tax and any shortfall, so the proceedings are within jurisdiction. Case-Laws VAT and Sales Tax Tue, 19 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272924