https://www.taxtmi.com/caselaws?id=397085 The court held that under Section 62 of the Goods and Services Tax Act, the assessing officer can proceed with best judgment assessment immediately upon detecting failure to file returns, with a five-year time limit from the date specified under Section 44 for annual returns. Rejecting the petitioner's argument that assessment should start after December of the financial year, the court clarified that the five-year limit is the maximum duration for assessment, not a specific starting point. As the petitioner did not file valid returns within 30 days of assessment orders, the challenge against the orders was dismissed. Recovery proceedings were stayed for six weeks to allow the petitioner to appeal. en-us Thu, 30 Jul 2020 00:00:00 +0530 Sat, 01 Aug 2020 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397085 The court held that under Section 62 of the Goods and Services Tax Act, the assessing officer can proceed with best judgment assessment immediately upon detecting failure to file returns, with a five-year time limit from the date specified under Section 44 for annual returns. Rejecting the petitioner's argument that assessment should start after December of the financial year, the court clarified that the five-year limit is the maximum duration for assessment, not a specific starting point. As the petitioner did not file valid returns within 30 days of assessment orders, the challenge against the orders was dismissed. Recovery proceedings were stayed for six weeks to allow the petitioner to appeal. Case-Laws VAT and Sales Tax Thu, 30 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397085