https://www.taxtmi.com/caselaws?id=162985 An eligibility certificate under section 4A could not be cancelled merely because coal said to be raw material was allegedly sold and some trucks were not entered in the books at survey. The court found that the material relied upon did not conclusively show that the raw material covered by the certificate had been sold as such, and that the inference of misuse rested on suspicion rather than cogent evidence. Cancellation of an eligibility certificate is a discretionary power that must be exercised on relevant material and in a judicious manner; alleged irregularities may affect assessment or tax liability, but they do not by themselves justify cancellation. The cancellation was therefore set aside. en-us Thu, 05 Oct 2006 00:00:00 +0530 Thu, 20 Mar 2014 10:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162985 An eligibility certificate under section 4A could not be cancelled merely because coal said to be raw material was allegedly sold and some trucks were not entered in the books at survey. The court found that the material relied upon did not conclusively show that the raw material covered by the certificate had been sold as such, and that the inference of misuse rested on suspicion rather than cogent evidence. Cancellation of an eligibility certificate is a discretionary power that must be exercised on relevant material and in a judicious manner; alleged irregularities may affect assessment or tax liability, but they do not by themselves justify cancellation. The cancellation was therefore set aside. Case-Laws VAT and Sales Tax Thu, 05 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162985