https://www.taxtmi.com/caselaws?id=162079 The revisional authority could reopen a final assessment under the State Act read with the Central Act where a later judicial pronouncement constituted valid information, and the limitation bar was saved by the proviso for revision based on a court decision. The revision power extended to correcting assessments that had become final, so the challenge to reopening failed. On classification, twisting wire strands into electricity conductors produced a distinct commercial commodity with a different end use, so the conductors were not treated as wires for the concessional notification. Both issues were decided in favour of the Revenue and against the assessee. en-us Mon, 23 Aug 2004 00:00:00 +0530 Sat, 15 Feb 2014 16:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162079 The revisional authority could reopen a final assessment under the State Act read with the Central Act where a later judicial pronouncement constituted valid information, and the limitation bar was saved by the proviso for revision based on a court decision. The revision power extended to correcting assessments that had become final, so the challenge to reopening failed. On classification, twisting wire strands into electricity conductors produced a distinct commercial commodity with a different end use, so the conductors were not treated as wires for the concessional notification. Both issues were decided in favour of the Revenue and against the assessee. Case-Laws VAT and Sales Tax Mon, 23 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162079