https://www.taxtmi.com/caselaws?id=167924 Revisional power under section 14(4) of the Andhra Pradesh General Sales Tax Act, 1957 cannot be used to withdraw exemption merely because the assessing authority later noticed a defect in F forms that were already on record. The original assessment had accepted the forms and treated the transactions as consignment sales; the alleged defect was not discovered from new material, but from the same material available at the first assessment. A failure to apply mind to existing record, or lack of diligence, does not justify revision. On that basis, the revised assessment orders were unsustainable and were quashed. en-us Mon, 05 Mar 2012 00:00:00 +0530 Thu, 08 Jan 2015 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167924 Revisional power under section 14(4) of the Andhra Pradesh General Sales Tax Act, 1957 cannot be used to withdraw exemption merely because the assessing authority later noticed a defect in F forms that were already on record. The original assessment had accepted the forms and treated the transactions as consignment sales; the alleged defect was not discovered from new material, but from the same material available at the first assessment. A failure to apply mind to existing record, or lack of diligence, does not justify revision. On that basis, the revised assessment orders were unsustainable and were quashed. Case-Laws VAT and Sales Tax Mon, 05 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167924