https://www.taxtmi.com/caselaws?id=158971 Coercive recovery of estimated tax on lost way bills was held unlawful where no assessment, proved liability, or evidence of misuse of the lost forms existed. The petitioner had reported the loss, furnished a bank guarantee and indemnity bond, and the record showed no amount due on assessment or otherwise. General allegations that way bills are sometimes misused by dealers could not justify a demand against this assessee. The demand and recovery were therefore found to be without authority of law and arbitrary, and costs were imposed for the improper exercise of power. en-us Fri, 02 Feb 1996 00:00:00 +0530 Mon, 11 Nov 2013 18:09:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158971 Coercive recovery of estimated tax on lost way bills was held unlawful where no assessment, proved liability, or evidence of misuse of the lost forms existed. The petitioner had reported the loss, furnished a bank guarantee and indemnity bond, and the record showed no amount due on assessment or otherwise. General allegations that way bills are sometimes misused by dealers could not justify a demand against this assessee. The demand and recovery were therefore found to be without authority of law and arbitrary, and costs were imposed for the improper exercise of power. Case-Laws VAT and Sales Tax Fri, 02 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158971