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2009 (1) TMI 788 - AAAR - VAT and Sales TaxExtract: .......ppeal against the reassessment is thus partly allowed and to the extent of turnover indicated in paras 9 and 10, it is dismissed. The appeal, in so far as the levy of penalty is concerned, is allowed in full. The assessing authority shall recompute the taxable turnover under the CST Act in the light of this order and reissue the demand accordingly.
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