https://www.taxtmi.com/caselaws?id=160405 Where the value disclosed in the way bill is found to be materially below the prevailing market value, the check-post authority may treat the discrepancy as indicating attempted tax evasion and intercept the vehicle under the statutory scheme. The Tribunal held that an earlier endorsement at another check-post did not bar fresh verification, because precedent binds only on the issues actually decided and on the relevant facts. On the material before it, the interception and seizure of the consignment were upheld as lawful under rule 212(10) and the provisions dealing with contravention, and the dealer's challenge failed. en-us Wed, 07 Feb 2001 00:00:00 +0530 Tue, 17 Dec 2013 16:27:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160405 Where the value disclosed in the way bill is found to be materially below the prevailing market value, the check-post authority may treat the discrepancy as indicating attempted tax evasion and intercept the vehicle under the statutory scheme. The Tribunal held that an earlier endorsement at another check-post did not bar fresh verification, because precedent binds only on the issues actually decided and on the relevant facts. On the material before it, the interception and seizure of the consignment were upheld as lawful under rule 212(10) and the provisions dealing with contravention, and the dealer's challenge failed. Case-Laws VAT and Sales Tax Wed, 07 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160405