https://www.taxtmi.com/caselaws?id=154473 Each assessment period is a distinct unit under the Rajasthan Sales Tax Act, 1954, so a finding for an earlier year does not operate as res judicata in a later assessment; it may be evidentiary only, and the earlier conclusion on hydrochloric acid could therefore be reconsidered. Penalty under section 5C(2) was also held inapplicable because the registration certificate, issued on the dealer's declaration, recorded hydrochloric acid as a raw material for manufacture, and that entry had not been cancelled or modified under the prescribed procedure. In the absence of proved breach of the concessional conditions, the department could not invoke the penalty provision. en-us Mon, 26 Aug 1985 00:00:00 +0530 Wed, 21 Aug 2013 17:49:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154473 Each assessment period is a distinct unit under the Rajasthan Sales Tax Act, 1954, so a finding for an earlier year does not operate as res judicata in a later assessment; it may be evidentiary only, and the earlier conclusion on hydrochloric acid could therefore be reconsidered. Penalty under section 5C(2) was also held inapplicable because the registration certificate, issued on the dealer's declaration, recorded hydrochloric acid as a raw material for manufacture, and that entry had not been cancelled or modified under the prescribed procedure. In the absence of proved breach of the concessional conditions, the department could not invoke the penalty provision. Case-Laws VAT and Sales Tax Mon, 26 Aug 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154473