https://www.taxtmi.com/caselaws?id=162116 The Assam General Sales Tax Act, 1993 drew a clear distinction between reassessment of escaped turnover under section 18(1), rectification under section 37(1) and suo motu revision under section 36(1). Revisional power was confined to correcting an order that was erroneous and prejudicial to revenue, and could not be used to reopen completed assessments or replace the assessing authority's reassessment function on a mere difference of opinion. An audit objection could not, by itself, supply the required independent satisfaction. On the stated facts, where there was no suppression of sales and a prior escaped-turnover notice had not been pursued, the revision was not maintainable. en-us Mon, 22 Nov 2004 00:00:00 +0530 Wed, 19 Feb 2014 14:44:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162116 The Assam General Sales Tax Act, 1993 drew a clear distinction between reassessment of escaped turnover under section 18(1), rectification under section 37(1) and suo motu revision under section 36(1). Revisional power was confined to correcting an order that was erroneous and prejudicial to revenue, and could not be used to reopen completed assessments or replace the assessing authority's reassessment function on a mere difference of opinion. An audit objection could not, by itself, supply the required independent satisfaction. On the stated facts, where there was no suppression of sales and a prior escaped-turnover notice had not been pursued, the revision was not maintainable. Case-Laws VAT and Sales Tax Mon, 22 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162116