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2017 (1) TMI 1557 - HC - VAT and Sales TaxRe-opening of assessment - compounding of offences - petitioner's contention is that the turnover computed as suppressed by the Intelligence Officer and the Maximum Retail Price (MRP) taken to estimate the sales turnover of the suppressed opening stock - Held that: - The assessee, as is seen from the revision filed, is not aggrieved by the computation of the compounding fee but of the computation of suppression made of turnover and the sale price taken to arrive at the sales turnover; on the suppressed turnover. This was intimated to the assessee by the penalty authorities, after which the assessee accepted the offence and agreed to compound the offence. The assessee was issued with an order of compounding, in which also the computation of suppressed turnover and the sale price taken were clearly laid out. The assessee did not choose to file appeal from the said order and paid the amounts determined as compounding fees. There is absolutely no reason why the assessment order should be kept in abeyance, till a revision which has been held to be not maintainable - petition disposed off.
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