https://www.taxtmi.com/caselaws?id=379190 Receipts from customer-specific job work and mould design were held not to form part of taxable turnover where the pet bottles were manufactured on specifications, the moulds were retained as the assessee's assets, and there was no material showing sale of the moulds as commercial goods. The HC also held that suo motu revisional interference was unwarranted because revisional power must rest on relevant and reliable material showing prejudice to the Revenue, and the appellate authority had given cogent reasons for deleting the disputed turnover. The appellate order was restored and the revisional order set aside. en-us Fri, 29 Mar 2019 00:00:00 +0530 Tue, 30 Apr 2019 06:37:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379190 Receipts from customer-specific job work and mould design were held not to form part of taxable turnover where the pet bottles were manufactured on specifications, the moulds were retained as the assessee's assets, and there was no material showing sale of the moulds as commercial goods. The HC also held that suo motu revisional interference was unwarranted because revisional power must rest on relevant and reliable material showing prejudice to the Revenue, and the appellate authority had given cogent reasons for deleting the disputed turnover. The appellate order was restored and the revisional order set aside. Case-Laws VAT and Sales Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379190