https://www.taxtmi.com/caselaws?id=427007 An amendment to the Kerala Value Added Tax Act extending the reassessment limitation from five to six years was held prospective because it took effect from 01.04.2017 and contained no express or implied language reviving proceedings already time-barred by 31.03.2017. The later amendment to the third proviso, made after GST and repeal of the KVAT regime, was held beyond the State's legislative competence because the displaced tax field could no longer support further extension of liability under the repealed law. The reassessment notices were therefore unsustainable on both grounds, and the assessee's challenge succeeded. en-us Mon, 22 Aug 2022 00:00:00 +0530 Tue, 06 Dec 2022 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427007 An amendment to the Kerala Value Added Tax Act extending the reassessment limitation from five to six years was held prospective because it took effect from 01.04.2017 and contained no express or implied language reviving proceedings already time-barred by 31.03.2017. The later amendment to the third proviso, made after GST and repeal of the KVAT regime, was held beyond the State's legislative competence because the displaced tax field could no longer support further extension of liability under the repealed law. The reassessment notices were therefore unsustainable on both grounds, and the assessee's challenge succeeded. Case-Laws VAT and Sales Tax Mon, 22 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427007