https://www.taxtmi.com/caselaws?id=338431 Presumptive tax liability under the transit-presumption scheme remains rebuttable and cannot be sustained without a fair opportunity to produce supporting records. The document states that, where alleged misappropriation of goods is the subject of a pending criminal trial, fastening liability on the transporter may be premature until responsibility is clarified. It also notes that an assessment based on gunny bags in transit cannot stand if the underlying entry check-post documents are not furnished, because the chance to rebut the presumption would be ineffective. The assessments were therefore set aside to the stated extent, with fresh consideration left open after the relevant materials and subsequent events are taken into account. en-us Thu, 19 Jan 2017 00:00:00 +0530 Wed, 21 Mar 2018 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338431 Presumptive tax liability under the transit-presumption scheme remains rebuttable and cannot be sustained without a fair opportunity to produce supporting records. The document states that, where alleged misappropriation of goods is the subject of a pending criminal trial, fastening liability on the transporter may be premature until responsibility is clarified. It also notes that an assessment based on gunny bags in transit cannot stand if the underlying entry check-post documents are not furnished, because the chance to rebut the presumption would be ineffective. The assessments were therefore set aside to the stated extent, with fresh consideration left open after the relevant materials and subsequent events are taken into account. Case-Laws VAT and Sales Tax Thu, 19 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338431