https://www.taxtmi.com/caselaws?id=161070 Retrospective cancellation of a seller's registration does not, by itself, convert bona fide purchases made while the registration remained effective into purchases from unregistered dealers. Where the purchasing dealer relied on a valid registration certificate and the transactions were genuine and without intent to defraud revenue, those purchases must be assessed on their own merits rather than being displaced by later cancellation under section 30AA and related provisos. The assessment order and consequential attachment orders were quashed, and the matter was directed to be reconsidered in accordance with law. en-us Mon, 10 Sep 2001 00:00:00 +0530 Tue, 31 Dec 2013 15:12:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161070 Retrospective cancellation of a seller's registration does not, by itself, convert bona fide purchases made while the registration remained effective into purchases from unregistered dealers. Where the purchasing dealer relied on a valid registration certificate and the transactions were genuine and without intent to defraud revenue, those purchases must be assessed on their own merits rather than being displaced by later cancellation under section 30AA and related provisos. The assessment order and consequential attachment orders were quashed, and the matter was directed to be reconsidered in accordance with law. Case-Laws VAT and Sales Tax Mon, 10 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161070