https://www.taxtmi.com/caselaws?id=159930 A composition dealer in gold and silver was entitled, under the exemption notification, to exclude the purchase turnover of old gold ornaments from compounded tax liability. Refixing the compounded tax by adding that excluded turnover conflicted with the express exemption in the notification, so the reassessment basis was legally unsustainable. The refixation was therefore invalid and was set aside in favour of the assessee. en-us Wed, 23 Sep 1998 00:00:00 +0530 Thu, 05 Dec 2013 16:39:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159930 A composition dealer in gold and silver was entitled, under the exemption notification, to exclude the purchase turnover of old gold ornaments from compounded tax liability. Refixing the compounded tax by adding that excluded turnover conflicted with the express exemption in the notification, so the reassessment basis was legally unsustainable. The refixation was therefore invalid and was set aside in favour of the assessee. Case-Laws VAT and Sales Tax Wed, 23 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159930