In lieu of payment of tax under Section 5 1 of the KGST Act for the Assessment Year 2001 2002, appellant opted to pay turnover tax under Section 7 which provides for payment of tax at the companypounded rate.
It is a registered dealer under the Kerala General Sales Tax Act, 1963 for short, the KGST Act as well as the Central Sales Tax Act, 1956.
This numberice under Section 43 came to be challenged by the appellant herein by filing Original Petition No.1501/2003.
When the matter came for hearing before the learned Single Judge, an order of reference was made as the point involved was of public importance.
