https://www.taxtmi.com/caselaws?id=157622 Excise duty collections forming part of sale consideration were treated as taxable turnover; their omission from the returns supported reassessment under section 16 of the Tamil Nadu General Sales Tax Act and justified penalty for wilful suppression. A composite reassessment order opened the entire assessment to appellate scrutiny, so the Tribunal could entertain enhancement for the remaining turnover. Old jewellery was held not to be bullion or specie, because it remains manufactured gold goods rather than raw gold or coin, and it was liable to tax at the general rate. en-us Mon, 12 Aug 1991 00:00:00 +0530 Tue, 08 Oct 2013 17:13:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157622 Excise duty collections forming part of sale consideration were treated as taxable turnover; their omission from the returns supported reassessment under section 16 of the Tamil Nadu General Sales Tax Act and justified penalty for wilful suppression. A composite reassessment order opened the entire assessment to appellate scrutiny, so the Tribunal could entertain enhancement for the remaining turnover. Old jewellery was held not to be bullion or specie, because it remains manufactured gold goods rather than raw gold or coin, and it was liable to tax at the general rate. Case-Laws VAT and Sales Tax Mon, 12 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157622