https://www.taxtmi.com/caselaws?id=263214 Reassessment is permissible where the original assessment contains no conclusive finding on rebate or exemption and the assessing authority forms a bona fide belief on relevant material that such relief may have been wrongly allowed. The absence of any recorded determination on entitlement to rebate left the issue open, and the same material could support reopening where the statutory conditions for rebate were not clearly satisfied, including the restriction where goods are not sold or resold in the same form in inter-State trade, commerce, or export. The reopening challenge therefore failed, while the assessee remained free to place material before the authority on the factual entitlement to rebate. en-us Tue, 14 Jul 2015 00:00:00 +0530 Fri, 28 Aug 2015 07:55:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263214 Reassessment is permissible where the original assessment contains no conclusive finding on rebate or exemption and the assessing authority forms a bona fide belief on relevant material that such relief may have been wrongly allowed. The absence of any recorded determination on entitlement to rebate left the issue open, and the same material could support reopening where the statutory conditions for rebate were not clearly satisfied, including the restriction where goods are not sold or resold in the same form in inter-State trade, commerce, or export. The reopening challenge therefore failed, while the assessee remained free to place material before the authority on the factual entitlement to rebate. Case-Laws VAT and Sales Tax Tue, 14 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263214