https://www.taxtmi.com/caselaws?id=158159 A taxing enactment that incorporates an excise entry by reference will generally track later changes to the incorporated schedule, so woollen carpets ceased to fall within the declared-goods description after the 1979 excise amendment on a strict reading. However, because the earlier construction had been accepted and acted on for years, the 4 per cent tax position was preserved prospectively up to 12 May 1988 to avoid disturbing settled practice. A trade circular could not fetter the assessing authority's quasi-judicial function or override independent assessment, so the circular and assessment steps founded on it were liable to be quashed or set aside, with fresh assessment left open in accordance with the ruling. en-us Wed, 07 Apr 1993 00:00:00 +0530 Thu, 17 Oct 2013 15:21:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158159 A taxing enactment that incorporates an excise entry by reference will generally track later changes to the incorporated schedule, so woollen carpets ceased to fall within the declared-goods description after the 1979 excise amendment on a strict reading. However, because the earlier construction had been accepted and acted on for years, the 4 per cent tax position was preserved prospectively up to 12 May 1988 to avoid disturbing settled practice. A trade circular could not fetter the assessing authority's quasi-judicial function or override independent assessment, so the circular and assessment steps founded on it were liable to be quashed or set aside, with fresh assessment left open in accordance with the ruling. Case-Laws VAT and Sales Tax Wed, 07 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158159