https://www.taxtmi.com/caselaws?id=376074 Reassessment under Rule 12(4) of the Central Sales Tax (Orissa) Rules, 1957 was supported where the assessing authority undertook an independent enquiry into books, invoices, lorry receipts, waybills, sale acceptances, ledgers and bank records, and found suppression of material facts rather than acting mechanically on a Tax Evasion Case Report. On the stock transfer issue, contemporaneous sale order acceptances, direct dispatches to identified buyers and the surrounding documents rebutted the Form F-based claim, showing inter-State sales pursuant to pre-existing contracts. The plea regarding later reversal of input tax credit was rejected for lack of proof and lateness. The demand and consequential adjustment directions were maintained. en-us Wed, 27 Feb 2019 00:00:00 +0530 Tue, 02 Apr 2019 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376074 Reassessment under Rule 12(4) of the Central Sales Tax (Orissa) Rules, 1957 was supported where the assessing authority undertook an independent enquiry into books, invoices, lorry receipts, waybills, sale acceptances, ledgers and bank records, and found suppression of material facts rather than acting mechanically on a Tax Evasion Case Report. On the stock transfer issue, contemporaneous sale order acceptances, direct dispatches to identified buyers and the surrounding documents rebutted the Form F-based claim, showing inter-State sales pursuant to pre-existing contracts. The plea regarding later reversal of input tax credit was rejected for lack of proof and lateness. The demand and consequential adjustment directions were maintained. Case-Laws VAT and Sales Tax Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376074