https://www.taxtmi.com/caselaws?id=326063 The Value Added Tax Tribunal upheld the Deputy Commissioner's order requiring a petitioner engaged in works contract execution to pay a net amount after a refund. The Tribunal emphasized the authority's right to determine correct sales amount for tax levy, even based on presumptions. The controversy revolved around excisable materials consumption, with the revisional authority disagreeing with the Assessing Officer. The Tribunal affirmed the revisional authority's decision, clarifying that only taxable raw materials used in works contracts were subject to tax. As a result, the petition was dismissed, and the notice discharged. en-us Wed, 02 Dec 2015 00:00:00 +0530 Mon, 16 Jan 2017 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326063 The Value Added Tax Tribunal upheld the Deputy Commissioner's order requiring a petitioner engaged in works contract execution to pay a net amount after a refund. The Tribunal emphasized the authority's right to determine correct sales amount for tax levy, even based on presumptions. The controversy revolved around excisable materials consumption, with the revisional authority disagreeing with the Assessing Officer. The Tribunal affirmed the revisional authority's decision, clarifying that only taxable raw materials used in works contracts were subject to tax. As a result, the petition was dismissed, and the notice discharged. Case-Laws VAT and Sales Tax Wed, 02 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326063