https://www.taxtmi.com/caselaws?id=443179 The third proviso to Section 25(1) of the Kerala Value Added Tax Act does not extend the limitation period for initiating reassessment of escaped turnover. Read with the main provision, the expression "proceed to determine" governs commencement of reassessment within the prescribed time, while the proviso operates only to regulate completion of proceedings validly initiated under Section 25(1). A proviso cannot be construed to enlarge the limitation fixed by the principal clause or to override the statutory scheme. On that construction, notices issued after the initiation period were invalid and the reassessment notices were quashed on limitation. en-us Wed, 02 Aug 2023 00:00:00 +0530 Tue, 19 Sep 2023 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443179 The third proviso to Section 25(1) of the Kerala Value Added Tax Act does not extend the limitation period for initiating reassessment of escaped turnover. Read with the main provision, the expression "proceed to determine" governs commencement of reassessment within the prescribed time, while the proviso operates only to regulate completion of proceedings validly initiated under Section 25(1). A proviso cannot be construed to enlarge the limitation fixed by the principal clause or to override the statutory scheme. On that construction, notices issued after the initiation period were invalid and the reassessment notices were quashed on limitation. Case-Laws VAT and Sales Tax Wed, 02 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443179