O R D E R

Dr.A.K.Jayasankaran Nambiar,J.

This OT.Revision is preferred against the final order dated

15.02.2023 of the Kerala Value Added Tax Appellate Tribunal, Thiruvananthapuram, in TA (VAT) NO.149/2019.

2. Brief facts necessary for the disposal of this OT.Revision are as follows:- The petitioner is stated to be engaged in works contracts as a dealer registered under the KVAT Act. For the assessment year 2014-2015, the assessment relating to the petitioner was completed on applying the compounded rate of tax at 4% on the entire payment received of Rs.40,65,988/-. It is the case of the petitioner that compounded rate to be applied had to be 3% instead of 4%, going by Ordinance No.21/2014 dated 03.09.2014, since, according to the petitioner the amounts received pertain to the works contracts executed in the previous year, namely 2013-2014. The assessing authority did not accept the said contention of the petitioner and accordingly finalized the assessment by adopting the rate of 4% and calculating the turnover as pertaining to assessment year 2014-2015.

3. Aggrieved by the assessment order, the petitioner preferred an appeal before the First Appellate Authority, who confirmed the ord