https://www.taxtmi.com/caselaws?id=158118 Goods declared at entry, verified at the check-post, and endorsed as exempt were treated as steel scrap, not rejected axle materials, so they fell within the nil-tax exemption for steel scrap and were not liable to entry tax. Because declarations were furnished and verification was completed, the residual reassessment power under section 14(3) could not be used to reopen the matter or raise a fresh demand. The statutory scheme required the authority to proceed within the declaration-and-verification framework, and the later demand notice was therefore illegal and quashed. en-us Wed, 11 Aug 1993 00:00:00 +0530 Wed, 16 Oct 2013 18:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158118 Goods declared at entry, verified at the check-post, and endorsed as exempt were treated as steel scrap, not rejected axle materials, so they fell within the nil-tax exemption for steel scrap and were not liable to entry tax. Because declarations were furnished and verification was completed, the residual reassessment power under section 14(3) could not be used to reopen the matter or raise a fresh demand. The statutory scheme required the authority to proceed within the declaration-and-verification framework, and the later demand notice was therefore illegal and quashed. Case-Laws VAT and Sales Tax Wed, 11 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158118