https://www.taxtmi.com/caselaws?id=251594 The court held that the re-opening of assessments based on a declaration by a Division Bench regarding the sale of Duty Entitlement Pass Book (DEPB) entitlements at concessional rates using 'C' Forms in inter-State sales was unwarranted. The Division Bench's observation on 'C' Forms in the DEPB Scheme did not constitute a definitive ruling, and the re-opening notices lacked specificity. It was clarified that DEPB transactions involve the sale of goods, allowing inter-State sales using 'C' Forms. The re-opening of assessments and related orders were deemed illegal, and the writ petitions were allowed, with parties bearing their respective costs. en-us Tue, 08 Jul 2014 00:00:00 +0530 Fri, 19 Sep 2014 08:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251594 The court held that the re-opening of assessments based on a declaration by a Division Bench regarding the sale of Duty Entitlement Pass Book (DEPB) entitlements at concessional rates using 'C' Forms in inter-State sales was unwarranted. The Division Bench's observation on 'C' Forms in the DEPB Scheme did not constitute a definitive ruling, and the re-opening notices lacked specificity. It was clarified that DEPB transactions involve the sale of goods, allowing inter-State sales using 'C' Forms. The re-opening of assessments and related orders were deemed illegal, and the writ petitions were allowed, with parties bearing their respective costs. Case-Laws VAT and Sales Tax Tue, 08 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251594