Sales tax Exemption Certificate Being Valid for 7 Years not to be Rescinded Before Eligibility Expires: Karnataka HC [Read Order]

Sales tax exemption certificate-valid-7 years -rescinded-eligibility expires Karnataka HC-Karnataka High Court- taxscan

The Karnataka High Court observed that sales tax exemption certificate being valid for 7 years not to be rescinded before the eligibility expires. The assessee, M/s Aishwarya Fort, a tourism hotel unit is a registered dealer under the Karnataka Value Added Tax Act, 2003 (KVAT). It commenced its business in the year 2001. It is…

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