The Government of Karnataka on 17th April 2020 has published the Karnataka Tax on Entry of Goods (Removal of Difficulties) Order, 2020 by extending the time limitation for assessments, reassessments, appeal etc.
Due to the pandemic of Corona Covid-19 virus and the consequential lock down, it has become difficult to make the assessment or reassessment under Act within the time limit specified therefore there is a requirement to remove this difficulty by extending the time limit for making such assessment and reassessment. The following are the extended time limit revised under this order.
Provided the amount of tax due for any prescribed tax period shall not be made after five years and six months after the end of the prescribed period.
If any default is committed in the payment of tax who has failed to get registered shall be liable to be punished and an assessment or reassessment shall be made within eight years and 6 months for the end of the prescribed period.
The time limit of 30 days from the date of an order within which the appeal shall be preferred against such order and the same can be extended to a further period of 180 days if the authority is satisfied that the appellant has sufficient cause for not preferring the appeal within that period
Click here to read the Notification.
