Amendment status not verified — confirm the current text below against the official source.
(1) Notwithstanding anything contained in sub-section (1) of section 173 of the Kerala State Goods and Services Tax Act, 2017 (20 of 2017) and in the Kerala Tax on Luxuries Act, 1976 (32 of 1976) (hereinafter referred to as the repealed Act) and the rules made thereunder, if the total receipts as per the return filed by the proprietor under the repealed Act for a year is rupees five lakh or below, the assessment of such proprietor pending as on 1st April, 2019, shall be deemed to have been completed, subject to the condition that the proprietor had filed all returns as prescribed under the repealed Act and had paid tax accordingly: Provided that such assessment may be reopened by the Deputy Commissioner under the repealed Act on detection of tax evasion subsequently, but within a period of four years from the 1st day of April, 2019. (2) in case where tax evasion has been detected and offence has been compounded or penalty has been imposed under the provisions of the repealed Act, the assessment under the provisions of the repealed Act shall be done only on the suppressed turnover detected: Provided that in cases where pattern of suppression has been established the assessment shall be completed by adding fifty per cent of the suppressed turnover.