https://www.taxtmi.com/caselaws?id=403806 Where a fiscal amendment changes the threshold during the same financial year, additional sales tax liability must be computed period-wise by bifurcating the year and applying the unamended provision up to 31.07.1996 and the amended provision thereafter, if the statutory threshold is otherwise met. The additional sales tax law operates as a supplement to the general sales tax statute, so the rectification machinery under Section 55 of the Tamil Nadu General Sales Tax Act, 1959 remains available for additional sales tax assessments by virtue of the cross-application scheme. The assessment was therefore required to be reconsidered afresh in accordance with the governing statutory framework. en-us Fri, 22 Jan 2021 00:00:00 +0530 Tue, 09 Feb 2021 09:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403806 Where a fiscal amendment changes the threshold during the same financial year, additional sales tax liability must be computed period-wise by bifurcating the year and applying the unamended provision up to 31.07.1996 and the amended provision thereafter, if the statutory threshold is otherwise met. The additional sales tax law operates as a supplement to the general sales tax statute, so the rectification machinery under Section 55 of the Tamil Nadu General Sales Tax Act, 1959 remains available for additional sales tax assessments by virtue of the cross-application scheme. The assessment was therefore required to be reconsidered afresh in accordance with the governing statutory framework. Case-Laws VAT and Sales Tax Fri, 22 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403806