SC Dismisses GST Reassessment Appeal as Amount Below ₹2 Crore Monetary Limit

Commissioner of Commercial Tax & Ors. Vs Vikaram Cement (Supreme Court of India) The appeals challenged the judgment dated 01.09.2010 of the Full Bench of the Madhya Pradesh High Court, which had set aside reassessment proceedings initiated under Section 19(1) of the Madhya Pradesh General Sales Tax Act, 1958 as barred by limitation. The respondent-assessee, registered under the Act, was originally assessed for the period 01.04.1987 to 31.03.1988. An additional demand of Rs. 41,062/- was raised on 19.03.1991. On appeal, the Appellate Authority, by order dated 20.05.1992, set aside the asse...