Existence of Assessment Required for Reassessment under Section 40, Assam VAT Act, 2003

Page ContentsAssam Gas Company Ltd. Vs State Of Assam And 2 Ors. (Gauhati High Court)Background and Arguments:Legal Provisions:Court’s Analysis and Decision:Conclusion: Assam Gas Company Ltd. Vs State Of Assam And 2 Ors. (Gauhati High Court) ‘Existence of assessment’ is a condition precedent for making a reassessment under Section 40 of Assam VAT Act, 2003 The case of Assam Gas Company Ltd. vs. State of Assam and Others, heard in the Gauhati High Court, revolves around the legality of a reassessment order issued under Section 40 of the Assam Value Added Tax Act, 2003 (hereafter refer...