https://www.taxtmi.com/caselaws?id=393907 Fast track reassessment under Section 17D of the Kerala General Sales Tax Act cannot be invoked to reopen a completed assessment unless fresh material relating to tax evasion is available. The article also notes that Section 19 prescribes a five-year limitation period for escaped assessment, so proceedings started nearly 14 years after the relevant assessment year were outside the statutory framework. In the absence of fresh material and in light of the limitation bar, the reassessment notice and demand were unsustainable, and the impugned assessment order was quashed. en-us Mon, 16 Mar 2020 00:00:00 +0530 Fri, 26 Feb 2021 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393907 Fast track reassessment under Section 17D of the Kerala General Sales Tax Act cannot be invoked to reopen a completed assessment unless fresh material relating to tax evasion is available. The article also notes that Section 19 prescribes a five-year limitation period for escaped assessment, so proceedings started nearly 14 years after the relevant assessment year were outside the statutory framework. In the absence of fresh material and in light of the limitation bar, the reassessment notice and demand were unsustainable, and the impugned assessment order was quashed. Case-Laws VAT and Sales Tax Mon, 16 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393907