https://www.taxtmi.com/caselaws?id=175074 Tax on the actual sale consideration, rather than the assessable value of goods, was upheld where the appellate authority found no material to show that the assessee had disclosed a wrong consideration in its returns. It held that the assessing authority had relied only on the price reflected in excise proceedings, without proving that the sale consideration shown by the assessee was incorrect. On that basis, the orders of the appellate authority and the Tax Board were found to suffer from no illegality, and the revision was liable to be dismissed. en-us Fri, 18 May 2007 00:00:00 +0530 Tue, 21 Nov 2017 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175074 Tax on the actual sale consideration, rather than the assessable value of goods, was upheld where the appellate authority found no material to show that the assessee had disclosed a wrong consideration in its returns. It held that the assessing authority had relied only on the price reflected in excise proceedings, without proving that the sale consideration shown by the assessee was incorrect. On that basis, the orders of the appellate authority and the Tax Board were found to suffer from no illegality, and the revision was liable to be dismissed. Case-Laws VAT and Sales Tax Fri, 18 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175074