https://www.taxtmi.com/caselaws?id=161540 Form No. 49 requirements under the U.P. Trade Tax Act were confined by departmental circular to specified iron and steel commodities as defined under the Central Sales Tax Act. Stainless steel sheets, separately treated in departmental notifications and assessment practice, were not shown to fall within that category; demanding the form for those goods was therefore unjustified. Where the prescribed memo requirement does apply, the statutory presumption of unaccounted goods under section 8-A(5) can support seizure action under section 13-A. However, non-production of Form No. 49 cannot sustain seizure where the goods are outside the form requirement. en-us Sat, 23 Aug 2003 00:00:00 +0530 Fri, 31 Jan 2014 15:56:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161540 Form No. 49 requirements under the U.P. Trade Tax Act were confined by departmental circular to specified iron and steel commodities as defined under the Central Sales Tax Act. Stainless steel sheets, separately treated in departmental notifications and assessment practice, were not shown to fall within that category; demanding the form for those goods was therefore unjustified. Where the prescribed memo requirement does apply, the statutory presumption of unaccounted goods under section 8-A(5) can support seizure action under section 13-A. However, non-production of Form No. 49 cannot sustain seizure where the goods are outside the form requirement. Case-Laws VAT and Sales Tax Sat, 23 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161540