https://www.taxtmi.com/caselaws?id=159191 Under the Karnataka Sales Tax Act, reassessment under section 12-A was held unavailable where the original assessments on raw silk and silk yarn were completed in conformity with a binding circular issued under section 3-A and the Government's exemption notification under section 8-A. The administrative instructions reflected the prevailing exemption position, and assessments made on that basis could not later be recast as escaped assessments or wrongly allowed exemptions merely because the revenue later adopted a different view. The reassessment orders and proposition notices were therefore invalid and quashed in favour of the assessee. en-us Fri, 28 Nov 1997 00:00:00 +0530 Mon, 18 Nov 2013 12:37:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159191 Under the Karnataka Sales Tax Act, reassessment under section 12-A was held unavailable where the original assessments on raw silk and silk yarn were completed in conformity with a binding circular issued under section 3-A and the Government's exemption notification under section 8-A. The administrative instructions reflected the prevailing exemption position, and assessments made on that basis could not later be recast as escaped assessments or wrongly allowed exemptions merely because the revenue later adopted a different view. The reassessment orders and proposition notices were therefore invalid and quashed in favour of the assessee. Case-Laws VAT and Sales Tax Fri, 28 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159191