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State Of Gujarat vs Reliance Industries Ltd Thro.Manager on 6 April, 2015

4. This   judgment   of   the   Supreme   Court   in   case   of  Reliance Industries Limited (supra) is the foundation  of   the   impugned   notices.     The   revisional   authority  has referred to such judgment in the notices to hold  Page 4 of 12 C/SCA/22283/2017 JUDGMENT a belief that the order of assessment is required to  be taken in revision.   The petitioner contends that  the revisional powers of the Commissioner are hedged  with   certain   limitations;   one   of   them   being   the  period   of   limitation   prescribed   under   the   statute.  Counsel   for   the   petitioner   would   point   out   that   in  terms  of   section   75  of   the  VAT   Act,  the   revisional  powers can be exercised only within a period of three  years from the date of order of assessment.   In the  present case, the order of assessment was passed on  30.03.2013   and   the   notice   of   revision   which   was  issued on 03.11.2017 thus, clearly beyond the period  of limitation.    This is a sole ground  on which the  impugned   notices   are   challenged.     Petitioner   relies  on certain judgments of this Court to which reference  shall be made at a slightly later stage.
Gujarat High Court Cites 4 - Cited by 15 - S G Shah - Full Document
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