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2017 (10) TMI 112 - HC - VAT and Sales TaxValidity of assessment order - TNVAT Act - the petitioner has not cooperated with the assessment proceedings and has not produced the reconciliation statement to enable the Assessing Officer to complete the assessment - Held that: - if the materials are placed in the petitioner's business premises, then obviously, invoices ought to have been raised in the name of the petitioner or else, it should have been shown as a product for demonstration purpose only and would be taken back by the manufacturer/supplier. However, these facts have to be established by the petitioner before the Assessing Officer, for which purpose, they are bound to produce the entire details of stock, more particularly, the closing stock details along with item code-wise reconciliation statement - this Court is of the view that one more opportunity could be granted to the petitioner to go before the assessing officer for producing all the necessary documents - petition allowed by way of remand.
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