https://www.taxtmi.com/caselaws?id=157625 Declarations in form III-B were not false or wrong where the dealer held a valid recognition certificate and the goods were notified for the stated manufacturing use; a later view that the certificate should not have been issued did not retrospectively make the declaration invalid, so liability under section 3B could not be imposed on that basis. The determination under section 3B, which quantifies the amount payable as the equivalent of sales tax avoided, was treated as an assessment. As the orders were made beyond the four-year limit prescribed for assessment or reassessment under section 21(2), they were time-barred and could not stand. en-us Mon, 01 Feb 1993 00:00:00 +0530 Tue, 08 Oct 2013 17:21:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157625 Declarations in form III-B were not false or wrong where the dealer held a valid recognition certificate and the goods were notified for the stated manufacturing use; a later view that the certificate should not have been issued did not retrospectively make the declaration invalid, so liability under section 3B could not be imposed on that basis. The determination under section 3B, which quantifies the amount payable as the equivalent of sales tax avoided, was treated as an assessment. As the orders were made beyond the four-year limit prescribed for assessment or reassessment under section 21(2), they were time-barred and could not stand. Case-Laws VAT and Sales Tax Mon, 01 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157625