https://www.taxtmi.com/caselaws?id=387920 Under the compounded-tax scheme in Section 8(f) of the Kerala Value Added Tax Act, 2003, branch liability is worked out through the prescribed formula, but taxation must still conform to Article 265 and the charging provision in Section 6. Where a new branch is opened mid-year and the provision does not expressly cover that situation, tax can be levied only for the period the branch actually existed and carried on business. The demand for compounded tax for the full assessment year was therefore unsustainable to that extent, and the assessment required fresh computation for the operational period only. en-us Wed, 23 Oct 2019 00:00:00 +0530 Wed, 27 May 2020 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387920 Under the compounded-tax scheme in Section 8(f) of the Kerala Value Added Tax Act, 2003, branch liability is worked out through the prescribed formula, but taxation must still conform to Article 265 and the charging provision in Section 6. Where a new branch is opened mid-year and the provision does not expressly cover that situation, tax can be levied only for the period the branch actually existed and carried on business. The demand for compounded tax for the full assessment year was therefore unsustainable to that extent, and the assessment required fresh computation for the operational period only. Case-Laws VAT and Sales Tax Wed, 23 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387920