https://www.taxtmi.com/caselaws?id=793200 Notice and assessment under Section 25(1) of the Kerala Value Added Tax Act for the 2011-12 assessment year were barred by limitation because the limitation period expired on 31.03.2017. The Kerala Finance Act, 2017 amendment extending the assessment timeline operated only prospectively from 01.04.2017 and was not retrospective. The third proviso was treated as a transitional extension only for matters within the prescribed limit; it did not revive proceedings already time-barred when the notice was issued. The notice dated 25.01.2018 was therefore beyond time, and the proceedings were without jurisdiction. en-us Tue, 19 May 2026 00:00:00 +0530 Thu, 11 Jun 2026 08:32:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793200 Notice and assessment under Section 25(1) of the Kerala Value Added Tax Act for the 2011-12 assessment year were barred by limitation because the limitation period expired on 31.03.2017. The Kerala Finance Act, 2017 amendment extending the assessment timeline operated only prospectively from 01.04.2017 and was not retrospective. The third proviso was treated as a transitional extension only for matters within the prescribed limit; it did not revive proceedings already time-barred when the notice was issued. The notice dated 25.01.2018 was therefore beyond time, and the proceedings were without jurisdiction. Case-Laws VAT / Sales Tax Tue, 19 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793200