https://www.taxtmi.com/caselaws?id=262823 Entry tax on M.S. steel scrap was considered against the statutory scheme under the Entry Tax Act, 1976, which taxes the entry of goods into the local area and requires a section 7(1) endorsement only where locally manufactured, produced or grown Schedule II goods are sold as local goods without prior tax payment. On the stated facts, BALCO had already paid entry tax when the plant and machinery entered the local area, and the scrap arose only during repair and maintenance, not from a manufacturing process. Reassessment based on a later change of view on the same material was treated as a mere change of opinion and therefore impermissible under section 28(1) of the Commercial Tax Act, 1994. The reassessment, entry tax, and penalty were not sustainable. en-us Wed, 25 Jun 2014 00:00:00 +0530 Thu, 20 Aug 2015 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262823 Entry tax on M.S. steel scrap was considered against the statutory scheme under the Entry Tax Act, 1976, which taxes the entry of goods into the local area and requires a section 7(1) endorsement only where locally manufactured, produced or grown Schedule II goods are sold as local goods without prior tax payment. On the stated facts, BALCO had already paid entry tax when the plant and machinery entered the local area, and the scrap arose only during repair and maintenance, not from a manufacturing process. Reassessment based on a later change of view on the same material was treated as a mere change of opinion and therefore impermissible under section 28(1) of the Commercial Tax Act, 1994. The reassessment, entry tax, and penalty were not sustainable. Case-Laws VAT and Sales Tax Wed, 25 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262823