Notice of Vat Audit invalid if issued beyond limitation date of Reassessment

Yogi Petroleum Vs Commissioner of VAT (Bombay High Court)

Bombay high court landmark decision in Yogi Petroleum and Others Vs Commissioner of VAT quashing VAT AUDIT OF BUSINESS AFFAIRS NOTICE when issued beyond time limit from reassesssment u/s 34 of VAT regulations of 4 years and other host of issues analysed in tax matter writ (alternate appeal remedy, natural justice, fraud word connotation etc)

FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT

Subject matter and reliefs sought for in all the writ petitions being identical, those were heard together and are being disposed of by this common judgment and order.

2. We have heard Mr. Rafiq Dada, Mr. Vijaysinh Thorat and Mr. V. Sridharan, learned senior counsel for the petitioners; and Mr. H. S. Venegaonkar, learned counsel for the respondents in all the writ petitions.

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