AP VAT Act: Suppression & Wilful Evasion Essential to Invoke Section 21(5), Rules HC

Chakkas Enterprises Vs Chief Commissioner of State Taxes and Others (Andhra Pradesh High Court) Andhra Pradesh High Court has set aside the VAT assessment order against Chakkas Enterprises, ruling that the assessment was issued beyond the prescribed limitation period. The case involved tax demands for the period between June 2, 2014, and June 13, 2017, along with a penalty notice dated September 16, 2021. The petitioner, a registered dealer under the A.P. VAT Act, 2005, challenged the attachment of their bank accounts and immovable property, contending that the assessment order was issued afte...