https://www.taxtmi.com/caselaws?id=416922 Under the Karnataka Value Added Tax Act, 2003, a reassessment dispute over the taxability of a product turned on whether the Commissioner's clarification operated prospectively or retrospectively. Because an earlier coordinate bench in the assessee's own case had already remitted the same issue for examination by the assessing authority, the High Court found no basis to take a different view. The Tribunal's order was therefore set aside and the matter remanded for fresh consideration, with both parties' contentions left open and the merits not finally determined at this stage. en-us Fri, 10 Dec 2021 00:00:00 +0530 Wed, 12 Jan 2022 08:36:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416922 Under the Karnataka Value Added Tax Act, 2003, a reassessment dispute over the taxability of a product turned on whether the Commissioner's clarification operated prospectively or retrospectively. Because an earlier coordinate bench in the assessee's own case had already remitted the same issue for examination by the assessing authority, the High Court found no basis to take a different view. The Tribunal's order was therefore set aside and the matter remanded for fresh consideration, with both parties' contentions left open and the merits not finally determined at this stage. Case-Laws VAT and Sales Tax Fri, 10 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416922