https://www.taxtmi.com/caselaws?id=165083 A selling dealer who receives the prescribed declaration in form No. 32 for concessional tax treatment may rely on it and is not required to verify whether the purchasing dealer actually used the goods for the declared purpose. The declaration is binding on the seller unless there is fraud, collusion, forgery, fabrication, or doubt about genuineness, and any misuse of the concession falls on the purchasing dealer under the statutory scheme. On that basis, reopening of an assessment solely because of an audit objection or a later view on classification was not justified, and the reassessment orders were held to be without jurisdiction. en-us Tue, 20 Oct 2009 00:00:00 +0530 Thu, 30 Oct 2014 13:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165083 A selling dealer who receives the prescribed declaration in form No. 32 for concessional tax treatment may rely on it and is not required to verify whether the purchasing dealer actually used the goods for the declared purpose. The declaration is binding on the seller unless there is fraud, collusion, forgery, fabrication, or doubt about genuineness, and any misuse of the concession falls on the purchasing dealer under the statutory scheme. On that basis, reopening of an assessment solely because of an audit objection or a later view on classification was not justified, and the reassessment orders were held to be without jurisdiction. Case-Laws VAT and Sales Tax Tue, 20 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165083