https://www.taxtmi.com/caselaws?id=160832 Sales made against Form 24-B declarations remained exempt where the buyer's registration cancellation was not effectively notified to dealers and interim court orders had maintained the status quo. The High Court noted conflicting cancellation dates and held that the statutory cancellation rule required both a written order and publication on the notice board so persons dealing with the registered dealer would have notice. In the absence of reliable proof that the seller knew of an effective cancellation at the time of sale, tax, interest and penalty could not be fastened on the seller for those transactions. The assessment was to be reframed on that basis, while action against the buyer was left open. en-us Mon, 15 Jul 2002 00:00:00 +0530 Wed, 25 Dec 2013 14:15:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160832 Sales made against Form 24-B declarations remained exempt where the buyer's registration cancellation was not effectively notified to dealers and interim court orders had maintained the status quo. The High Court noted conflicting cancellation dates and held that the statutory cancellation rule required both a written order and publication on the notice board so persons dealing with the registered dealer would have notice. In the absence of reliable proof that the seller knew of an effective cancellation at the time of sale, tax, interest and penalty could not be fastened on the seller for those transactions. The assessment was to be reframed on that basis, while action against the buyer was left open. Case-Laws VAT and Sales Tax Mon, 15 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160832