https://www.taxtmi.com/caselaws?id=345670 Revisional power under Section 82 of the Assam Value Added Tax Act, 2003 could not be exercised merely because the revisional authority preferred a higher turnover view. The assessing authority had already rejected the declared jute rate, adopted market price, and completed assessment on a higher turnover, which the dealer accepted and paid. For suo motu revision, the authority had to identify a specific error in the assessment order on relevant material, not just show possible revenue prejudice. As no cogent material or error in the original assessment was demonstrated, the Gauhati HC held the revisional order unsustainable and quashed the reassessment and demand. en-us Thu, 13 Jul 2017 00:00:00 +0530 Sat, 24 Mar 2018 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345670 Revisional power under Section 82 of the Assam Value Added Tax Act, 2003 could not be exercised merely because the revisional authority preferred a higher turnover view. The assessing authority had already rejected the declared jute rate, adopted market price, and completed assessment on a higher turnover, which the dealer accepted and paid. For suo motu revision, the authority had to identify a specific error in the assessment order on relevant material, not just show possible revenue prejudice. As no cogent material or error in the original assessment was demonstrated, the Gauhati HC held the revisional order unsustainable and quashed the reassessment and demand. Case-Laws VAT and Sales Tax Thu, 13 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345670