https://www.taxtmi.com/caselaws?id=189633 Reassessment under the Bihar Value Added Tax Act, 2005 is discussed as requiring a proper basis of concealment, omission, or failure to disclose full and correct particulars; mere reliance on figures already disclosed in returns is insufficient for penalty, and reassessment should not become a roving enquiry. The article also explains that entry tax liability depends on whether imported goods were actually consumed, used, or sold within the local area, not on a speculative assumption of intent at the time of import. It further notes that absence of a specific disclosure column in the statutory form does not by itself amount to concealment. en-us Tue, 11 Aug 2015 00:00:00 +0530 Mon, 16 Jan 2017 10:50:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189633 Reassessment under the Bihar Value Added Tax Act, 2005 is discussed as requiring a proper basis of concealment, omission, or failure to disclose full and correct particulars; mere reliance on figures already disclosed in returns is insufficient for penalty, and reassessment should not become a roving enquiry. The article also explains that entry tax liability depends on whether imported goods were actually consumed, used, or sold within the local area, not on a speculative assumption of intent at the time of import. It further notes that absence of a specific disclosure column in the statutory form does not by itself amount to concealment. Case-Laws VAT and Sales Tax Tue, 11 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189633