https://www.taxtmi.com/caselaws?id=268061 The court quashed the impugned assessment orders and directed the assessing authority to redo the assessments, granting the petitioner the benefit of the concessional tax rate under the KVAT Act. The court held that the petitioner had substantially complied with Rule 12C by providing Form No.42 and that the impossibility of producing shipping bills should not deny them the concessional rate. Additionally, the court advised the petitioner to pursue an appellate remedy for issues under the CST Act, with a stay on recovery proceedings granted for one month. en-us Wed, 04 Nov 2015 00:00:00 +0530 Thu, 19 Nov 2015 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268061 The court quashed the impugned assessment orders and directed the assessing authority to redo the assessments, granting the petitioner the benefit of the concessional tax rate under the KVAT Act. The court held that the petitioner had substantially complied with Rule 12C by providing Form No.42 and that the impossibility of producing shipping bills should not deny them the concessional rate. Additionally, the court advised the petitioner to pursue an appellate remedy for issues under the CST Act, with a stay on recovery proceedings granted for one month. Case-Laws VAT and Sales Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268061