https://www.taxtmi.com/caselaws?id=158102 Reassessment powers under the Central Sales Tax regime extend to reopening a completed assessment and withdrawing exemptions wrongly granted, because escaped or under-assessed turnover may be brought to tax under the relevant State rules. However, such reopening is valid only where fresh material comes into existence after the original assessment and not on a mere change of opinion; on the facts, no such fresh material was found, so the reopening was unjustified. The remand for de novo enquiry was nevertheless proper because the transactions, F forms, and inter-State movement required further factual examination. The State's revisions therefore failed, and the Tribunal's remand was sustained. en-us Mon, 18 Jul 1994 00:00:00 +0530 Wed, 16 Oct 2013 17:45:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158102 Reassessment powers under the Central Sales Tax regime extend to reopening a completed assessment and withdrawing exemptions wrongly granted, because escaped or under-assessed turnover may be brought to tax under the relevant State rules. However, such reopening is valid only where fresh material comes into existence after the original assessment and not on a mere change of opinion; on the facts, no such fresh material was found, so the reopening was unjustified. The remand for de novo enquiry was nevertheless proper because the transactions, F forms, and inter-State movement required further factual examination. The State's revisions therefore failed, and the Tribunal's remand was sustained. Case-Laws VAT and Sales Tax Mon, 18 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158102