https://www.taxtmi.com/caselaws?id=371651 In the absence of an express limitation in Rule 6(5) of the Central Sales Tax (Kerala) Rules, 1957, assessments under the Central Sales Tax Act must nevertheless be completed within a reasonable time. The Kerala High Court treated five years as the reasonable period for initiating and completing such assessments, drawing support from the statutory scheme and analogous limitation periods under State sales tax law. It also held that Section 42(3) of the Kerala Value Added Tax Act, 2003, which concerns escaped turnover proceedings, could not be invoked to treat these Central Sales Tax assessments as pending or to extend time retrospectively. Assessments within five years were therefore valid, while time-barred proceedings were liable to be set aside. en-us Mon, 17 Sep 2018 00:00:00 +0530 Sat, 08 Dec 2018 06:35:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371651 In the absence of an express limitation in Rule 6(5) of the Central Sales Tax (Kerala) Rules, 1957, assessments under the Central Sales Tax Act must nevertheless be completed within a reasonable time. The Kerala High Court treated five years as the reasonable period for initiating and completing such assessments, drawing support from the statutory scheme and analogous limitation periods under State sales tax law. It also held that Section 42(3) of the Kerala Value Added Tax Act, 2003, which concerns escaped turnover proceedings, could not be invoked to treat these Central Sales Tax assessments as pending or to extend time retrospectively. Assessments within five years were therefore valid, while time-barred proceedings were liable to be set aside. Case-Laws VAT and Sales Tax Mon, 17 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371651