TMI Blog2010 (5) TMI 757X X X X Extracts X X X X X X X X Extracts X X X X ..... er has imported high speed diesel for Rs. 20,99,004 and made the sales of such high speed diesel for Rs. 21,31,610 and claimed the exemption on the sale of such imported high speed diesel under the notification T.I.F.-2-3111/XI-9 (460)/94-U.P. Act-15-48-order-97, dated September, 30, 1997 on furnishing of the declaration as required under the notification. The assessing authority while passing the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , therefore, the initiation of proceeding is without any material that the exemption has been wrongly granted and merely on account of change of opinion. The learned standing counsel has been called upon to reply to the submissions of the learned counsel for the petitioner. Shri U.K. Pandey, learned standing counsel is not able to show any material on the basis of which an inference could ..... X X X X Extracts X X X X X X X X Extracts X X X X
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