https://www.taxtmi.com/caselaws?id=154821 Section 16 of the Tamil Nadu General Sales Tax Act, 1959 was treated as wide enough to permit reopening of a completed assessment where a later judicial pronouncement showed that the original levy had proceeded on an incorrect legal basis. On that footing, raw hides and skins could be brought to tax at the purchase point, and the reopening was upheld as valid. However, the revised assessment could not stand fully because the inclusion of opening stock and the enhanced valuation of local purchases lacked adequate explanation on the record. Those factual components were remitted for fresh consideration after giving the assessee a reasonable opportunity. en-us Thu, 04 Jul 1985 00:00:00 +0530 Tue, 27 Aug 2013 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154821 Section 16 of the Tamil Nadu General Sales Tax Act, 1959 was treated as wide enough to permit reopening of a completed assessment where a later judicial pronouncement showed that the original levy had proceeded on an incorrect legal basis. On that footing, raw hides and skins could be brought to tax at the purchase point, and the reopening was upheld as valid. However, the revised assessment could not stand fully because the inclusion of opening stock and the enhanced valuation of local purchases lacked adequate explanation on the record. Those factual components were remitted for fresh consideration after giving the assessee a reasonable opportunity. Case-Laws VAT and Sales Tax Thu, 04 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154821