https://www.taxtmi.com/caselaws?id=165077 A seller-dealer on a completed transit sale cannot lose exemption merely because the purchaser's C form is later found to be false. Where the original assessment was granted on the basis of the E1 form and the purchaser's declaration, the benefit cannot be withdrawn unless there is concrete material showing that the sale itself was not genuine or that the seller was involved in the fraud. The Revenue's proper remedy is to proceed against the purchaser-dealer in accordance with law. The reassessment disallowing the exemption was therefore unsustainable and was quashed. en-us Tue, 24 Aug 2010 00:00:00 +0530 Fri, 26 Sep 2014 13:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165077 A seller-dealer on a completed transit sale cannot lose exemption merely because the purchaser's C form is later found to be false. Where the original assessment was granted on the basis of the E1 form and the purchaser's declaration, the benefit cannot be withdrawn unless there is concrete material showing that the sale itself was not genuine or that the seller was involved in the fraud. The Revenue's proper remedy is to proceed against the purchaser-dealer in accordance with law. The reassessment disallowing the exemption was therefore unsustainable and was quashed. Case-Laws VAT and Sales Tax Tue, 24 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165077