https://www.taxtmi.com/caselaws?id=159871 A selling registered dealer is entitled to exemption in computing taxable turnover where the purchasing registered dealers furnish declarations in the prescribed form, and the taxing authority's scrutiny is limited to the genuineness of those declarations. It cannot reject valid declarations merely on a suspicion that the purchasers may have used the goods for some other purpose, absent material showing the forms were forged, fabricated, or otherwise invalid. A belated allegation of collusion was not accepted on the facts. The rejection of the declarations was therefore unjustified, the exemption was upheld, and the assessment and consequential penalty were quashed, with the matter remitted for fresh assessment. en-us Thu, 12 Nov 1998 00:00:00 +0530 Tue, 03 Dec 2013 15:09:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159871 A selling registered dealer is entitled to exemption in computing taxable turnover where the purchasing registered dealers furnish declarations in the prescribed form, and the taxing authority's scrutiny is limited to the genuineness of those declarations. It cannot reject valid declarations merely on a suspicion that the purchasers may have used the goods for some other purpose, absent material showing the forms were forged, fabricated, or otherwise invalid. A belated allegation of collusion was not accepted on the facts. The rejection of the declarations was therefore unjustified, the exemption was upheld, and the assessment and consequential penalty were quashed, with the matter remitted for fresh assessment. Case-Laws VAT and Sales Tax Thu, 12 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159871