https://www.taxtmi.com/caselaws?id=159837 Declared goods may be taxed at a second point where the statute fixes a definite levy stage tied to whether the goods have already borne tax, so a resale after a tax holiday at the first point remains taxable. Reopening of deemed assessments under the special reassessment scheme is governed by the statutory limitation structure, and the legal fiction protecting deemed assessments does not bar reopening for incorrect or incomplete returns. Fresh assessments made pursuant to reopening are valid within the prescribed period, and the scheme raises no constitutional infirmity under Articles 14 or 265. A subordinate assessing officer may complete the reassessment independently, provided the reopening order does not dictate the merits. en-us Wed, 24 Sep 1997 00:00:00 +0530 Mon, 02 Dec 2013 17:28:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159837 Declared goods may be taxed at a second point where the statute fixes a definite levy stage tied to whether the goods have already borne tax, so a resale after a tax holiday at the first point remains taxable. Reopening of deemed assessments under the special reassessment scheme is governed by the statutory limitation structure, and the legal fiction protecting deemed assessments does not bar reopening for incorrect or incomplete returns. Fresh assessments made pursuant to reopening are valid within the prescribed period, and the scheme raises no constitutional infirmity under Articles 14 or 265. A subordinate assessing officer may complete the reassessment independently, provided the reopening order does not dictate the merits. Case-Laws VAT and Sales Tax Wed, 24 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159837