https://www.taxtmi.com/caselaws?id=388124 Section 16 of the Tamil Nadu General Sales Tax Act, 1959 was construed broadly: reassessment is permitted where turnover has escaped assessment or been assessed at a lower rate, and the absence of a separate "reason to believe" requirement meant income-tax style limits could not be imported. The court also held that concessional tax under Section 3(5) applied to Fibre Glass Reinforced Plastic products falling within the Eighth Schedule and intended for use in manufacturing, and the seller could not be denied that benefit merely because of alleged misuse of Form XVII declarations by the purchaser. The reassessment orders were set aside on merits. en-us Wed, 04 Sep 2019 00:00:00 +0530 Mon, 30 Nov 2020 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388124 Section 16 of the Tamil Nadu General Sales Tax Act, 1959 was construed broadly: reassessment is permitted where turnover has escaped assessment or been assessed at a lower rate, and the absence of a separate "reason to believe" requirement meant income-tax style limits could not be imported. The court also held that concessional tax under Section 3(5) applied to Fibre Glass Reinforced Plastic products falling within the Eighth Schedule and intended for use in manufacturing, and the seller could not be denied that benefit merely because of alleged misuse of Form XVII declarations by the purchaser. The reassessment orders were set aside on merits. Case-Laws VAT and Sales Tax Wed, 04 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388124