https://www.taxtmi.com/caselaws?id=251200 The court, upon review, found the seizure of goods and books of accounts under section 74 of the Assam Value Added Tax Act, 2003, to be unlawful as the goods were properly recorded in the stock register despite misclassification. The misinterpretation of section 74(5) was clarified, emphasizing the need for a complete absence of entries, not misclassification, to justify seizure. The review was deemed necessary to correct the error apparent on the face of the record, leading to the setting aside of the original judgment, allowing the appeals, and overturning the impugned judgment and order. en-us Wed, 04 Apr 2012 00:00:00 +0530 Sun, 07 Sep 2014 08:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251200 The court, upon review, found the seizure of goods and books of accounts under section 74 of the Assam Value Added Tax Act, 2003, to be unlawful as the goods were properly recorded in the stock register despite misclassification. The misinterpretation of section 74(5) was clarified, emphasizing the need for a complete absence of entries, not misclassification, to justify seizure. The review was deemed necessary to correct the error apparent on the face of the record, leading to the setting aside of the original judgment, allowing the appeals, and overturning the impugned judgment and order. Case-Laws VAT and Sales Tax Wed, 04 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251200