GST Assessment Order Passed Beyond Statutory Three-Year Limit: Allahabad HC Quashes Order

The Allahabad High Court quashed a GST assessment order that was passed beyond the statutory three-year limitation period. The court reiterated the mandatory nature of the time limit prescribed under the GST Act for the completion of assessment proceedings. Finding that the tax authorities had failed to finalize the assessment within the stipulated timeframe, the High Court deemed the order to be legally invalid and unsustainable. This ruling underscores the importance of adhering to statutory timelines in tax matters and protects taxpayers from assessments initiated or completed after the expiry of the prescribed limitation period.