https://www.taxtmi.com/caselaws?id=284575 A fresh entitlement certificate issued under the KVAT regime could not add a new turnover condition inconsistent with the earlier certificate granted under the Karnataka Sales Tax regime. The earlier certificate had already fixed the exemption period and capped the benefit by reference to investment in fixed assets, and the change in tax regime did not permit alteration of those substantive terms without authority traceable to the governing notification or statute. The turnover condition was therefore invalid and quashed, and the certificate had to be re-issued in conformity with the earlier entitlement. en-us Wed, 11 Jun 2014 00:00:00 +0530 Wed, 27 Nov 2019 10:04:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284575 A fresh entitlement certificate issued under the KVAT regime could not add a new turnover condition inconsistent with the earlier certificate granted under the Karnataka Sales Tax regime. The earlier certificate had already fixed the exemption period and capped the benefit by reference to investment in fixed assets, and the change in tax regime did not permit alteration of those substantive terms without authority traceable to the governing notification or statute. The turnover condition was therefore invalid and quashed, and the certificate had to be re-issued in conformity with the earlier entitlement. Case-Laws VAT and Sales Tax Wed, 11 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284575