https://www.taxtmi.com/caselaws?id=764561 An assessee is not treated as having opted for compounded tax merely because a compounding application was filed and later accepted belatedly, where the department gave no express acceptance within the relevant assessment year and the assessee in fact paid tax under the regular charging provision. On those facts, there was no consensus for compounding under Section 7 of the Kerala General Sales Tax Act, and the assessee remained entitled to the concessional rate applicable to regular tax payment under Section 5. A delayed departmental acceptance could not be used after the assessment year to deny that concession or impose differential liability. en-us Wed, 13 Nov 2024 00:00:00 +0530 Tue, 14 Jan 2025 08:00:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764561 An assessee is not treated as having opted for compounded tax merely because a compounding application was filed and later accepted belatedly, where the department gave no express acceptance within the relevant assessment year and the assessee in fact paid tax under the regular charging provision. On those facts, there was no consensus for compounding under Section 7 of the Kerala General Sales Tax Act, and the assessee remained entitled to the concessional rate applicable to regular tax payment under Section 5. A delayed departmental acceptance could not be used after the assessment year to deny that concession or impose differential liability. Case-Laws VAT / Sales Tax Wed, 13 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764561