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<h1>Rajasthan HC quashes assessment order for incorrect tax rate, citing precedent</h1> The HC of Rajasthan quashed an assessment order and notice under section 12 of the Rajasthan Sales Tax Act. The petitioner's assessment for waterproof ... - The High Court of Rajasthan quashed an assessment order and notice under section 12 of the Rajasthan Sales Tax Act. The petitioner's assessment for waterproof paper and PVC sheets was reopened, resulting in an erroneous levy of tax at 8% instead of the correct rate of 4%. Citing precedent, the court ruled in favor of the petitioner, quashing the notices and reassessment order.
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