STATE OF PUNJAB vs BHATINDA DISTRICT COOP.MILK P.UNION LTD.

The Supreme Court addressed the reasonable period for reopening an assessment order under the Punjab General Sales Tax Act, specifically interpreting Section 11(3) and Section 21 of the Act. The Court held that the limitation period for assessment is three years from the last date for filing a return, while the authority may act within five years if the dealer failed to apply for registration. The judgment of the High Court was set aside, affirming the authority's right to reassess within the stipulated time frames.