2015 (12) TMI 1633

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....r the Appellant  : BY ADVS.SRI.PHILIP J.VETTICKATTU  ,SRI.B.PREMNATH (E) For the Respondent : BY GOVERNMENT PLEADER SMT.LILLY.K.T. A.K.JAYASANKARAN NAMBIAR, J. J U D G M E N T The petitioner, who is conducting a quarry and crusher unit had opted to pay tax at the compounded rate under Section 8(b) of the Kerala Value Added Tax Act (hereinafter referred to as 'the KVAT Act....

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....find that, the option exercised by the petitioner at the commencement of the assessment year was voluntary and was not a coerced one. For reasons best known to the petitioner, he had opted to pay tax at the compounded rate under Section 8(b) and thereby undertaken to pay tax at a specified rate for the entire year in lieu of the normal procedure for assessment contemplated under Section 6 of the K....