https://www.taxtmi.com/caselaws?id=162192 Maintenance of a manufacturing account under rule 32(15A) of the Kerala General Sales Tax Rules, 1963 was treated as a material compliance requirement, not a technical lapse. The assessing authority had rejected the books not only for absence of the manufacturing account but also for other defects, including low turnover against stock position, limited sales days, and valuation concerns. In view of the principle that missing quantitative records can make accounts unreliable and justify best judgment assessment, the Tribunal was wrong to treat the defect as inconsequential. The revisional court set aside the Tribunal's order directing acceptance of the books and remitted the appeals for fresh disposal. en-us Mon, 13 Jan 2003 00:00:00 +0530 Thu, 20 Feb 2014 16:27:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162192 Maintenance of a manufacturing account under rule 32(15A) of the Kerala General Sales Tax Rules, 1963 was treated as a material compliance requirement, not a technical lapse. The assessing authority had rejected the books not only for absence of the manufacturing account but also for other defects, including low turnover against stock position, limited sales days, and valuation concerns. In view of the principle that missing quantitative records can make accounts unreliable and justify best judgment assessment, the Tribunal was wrong to treat the defect as inconsequential. The revisional court set aside the Tribunal's order directing acceptance of the books and remitted the appeals for fresh disposal. Case-Laws VAT and Sales Tax Mon, 13 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162192