https://www.taxtmi.com/caselaws?id=181892 Seizure of goods and demand of security on the basis of alleged undervaluation were found unwarranted under the U. P. Trade Tax Act where the consignment was accompanied by the relevant documents and the dispute related to the value disclosed by the assessee. The Tribunal treated the question as factual and held that any issue whether the goods could be sold at a higher price could be examined in regular assessment proceedings. On the material before it, there was no basis to sustain seizure or the security demand, and the revision was held not maintainable on the facts found. en-us Thu, 28 Sep 2000 00:00:00 +0530 Wed, 27 Apr 2016 10:19:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181892 Seizure of goods and demand of security on the basis of alleged undervaluation were found unwarranted under the U. P. Trade Tax Act where the consignment was accompanied by the relevant documents and the dispute related to the value disclosed by the assessee. The Tribunal treated the question as factual and held that any issue whether the goods could be sold at a higher price could be examined in regular assessment proceedings. On the material before it, there was no basis to sustain seizure or the security demand, and the revision was held not maintainable on the facts found. Case-Laws VAT and Sales Tax Thu, 28 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181892