Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2012 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (11) TMI 1075 - HC - VAT and Sales TaxRe-assessment Proceedings – Invertors whether electronic goods or not – Original assessment proceedings were framed and turnover of inverters were taxed as electronic goods – However, some doubt arose regarding taxability of inverters as competitive manufacturer, were charging tax @ 4% whereas others was charging tax @ 10% – Proceedings under Section 21(2) were initiated and necessary permission was sought by Assessing Officer, which was granted – Held that:- in re-assessment proceedings, vital questions will be gone into by Assessing Authority upon considering specification of inverters given by petitioner – Re-assessment proceedings therefore, cannot be faulted – In order/circular issued by Commissioner, he has not decided finally as to whether inverters are electronic goods or not – Commissioner had only given general direction to his subordinate authorities to examine this question – Decided against Appellant.
|