https://www.taxtmi.com/caselaws?id=187644 Proceedings under Section 3-B of the Trade Tax Act could be initiated only where the assessee's Form III-B declaration or the underlying certificate was shown to be false or wrong. Because the recognition certificate under Section 4-B remained in force, the assessee had issued Form III-B declarations for purchases under that certificate, and there was no finding that the goods were diverted from the exempt purpose, the assessment could not be sustained on that basis. The Tribunal also misapplied a precedent dealing with taxation of a different commodity at the sales stage, which did not govern initiation of proceedings for a false or wrong declaration. The revision succeeded and the first appellate order was restored. en-us Tue, 23 Feb 1999 00:00:00 +0530 Sat, 29 Oct 2016 13:21:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187644 Proceedings under Section 3-B of the Trade Tax Act could be initiated only where the assessee's Form III-B declaration or the underlying certificate was shown to be false or wrong. Because the recognition certificate under Section 4-B remained in force, the assessee had issued Form III-B declarations for purchases under that certificate, and there was no finding that the goods were diverted from the exempt purpose, the assessment could not be sustained on that basis. The Tribunal also misapplied a precedent dealing with taxation of a different commodity at the sales stage, which did not govern initiation of proceedings for a false or wrong declaration. The revision succeeded and the first appellate order was restored. Case-Laws VAT and Sales Tax Tue, 23 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187644