https://www.taxtmi.com/caselaws?id=347144 Where prima facie excess entry tax credit is shown, the assessing authority must consider adjustment at the taxpayer's option under Section 11 of the Entry Tax Act and may refund any remaining balance. The court found that the account statements and representation supported excess tax availability, while the contrary view was not based on a proper examination of the books. The impugned proceedings, including attachment of the bank account, were set aside and the matter was remanded for fresh assessment after giving the taxpayer an opportunity to produce the accounts. en-us Thu, 03 Aug 2017 00:00:00 +0530 Wed, 30 Aug 2017 07:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347144 Where prima facie excess entry tax credit is shown, the assessing authority must consider adjustment at the taxpayer's option under Section 11 of the Entry Tax Act and may refund any remaining balance. The court found that the account statements and representation supported excess tax availability, while the contrary view was not based on a proper examination of the books. The impugned proceedings, including attachment of the bank account, were set aside and the matter was remanded for fresh assessment after giving the taxpayer an opportunity to produce the accounts. Case-Laws VAT and Sales Tax Thu, 03 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347144