https://www.taxtmi.com/caselaws?id=309652 The court found the delay in completing assessments under the Tamilnadu General Sales Tax Act unacceptable, noting a significant time lapse between issuing pre-assessment notices and passing final orders. Emphasizing the importance of timely assessments, the court referred to statutory provisions mandating dealers to maintain records for a specified period. Regarding the interpretation of turnover under Section 2(r) of TNGST, the court ruled that consideration from the sale of rubber is excluded from turnover for sales tax purposes. As a result, the writ petitions challenging the assessments were allowed, and related petitions were closed without costs. en-us Wed, 24 Jul 2019 00:00:00 +0530 Thu, 14 Sep 2023 21:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309652 The court found the delay in completing assessments under the Tamilnadu General Sales Tax Act unacceptable, noting a significant time lapse between issuing pre-assessment notices and passing final orders. Emphasizing the importance of timely assessments, the court referred to statutory provisions mandating dealers to maintain records for a specified period. Regarding the interpretation of turnover under Section 2(r) of TNGST, the court ruled that consideration from the sale of rubber is excluded from turnover for sales tax purposes. As a result, the writ petitions challenging the assessments were allowed, and related petitions were closed without costs. Case-Laws VAT and Sales Tax Wed, 24 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309652