https://www.taxtmi.com/caselaws?id=396172 Reassessment under the Uttarakhand Value Added Tax Act, 2005 requires recorded reasons to believe based on fresh and relevant material showing escaped or under-assessed turnover; a reopening founded only on repetition of an earlier view amounts to a mere change of opinion and is not sustainable. On classification, an instrument cooling fan shown by invoice, buyer certificate, and the Revenue's lack of rebuttal to be used exclusively as part of telecommunication equipment falls within the specific Schedule II(B) entry for communication equipment and parts, rather than the residuary rate for electrical goods. The text also states that the specific entry prevails over the residuary clause where the product has a reasonable claim to the enumerated category. en-us Wed, 04 Dec 2019 00:00:00 +0530 Wed, 19 Aug 2020 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396172 Reassessment under the Uttarakhand Value Added Tax Act, 2005 requires recorded reasons to believe based on fresh and relevant material showing escaped or under-assessed turnover; a reopening founded only on repetition of an earlier view amounts to a mere change of opinion and is not sustainable. On classification, an instrument cooling fan shown by invoice, buyer certificate, and the Revenue's lack of rebuttal to be used exclusively as part of telecommunication equipment falls within the specific Schedule II(B) entry for communication equipment and parts, rather than the residuary rate for electrical goods. The text also states that the specific entry prevails over the residuary clause where the product has a reasonable claim to the enumerated category. Case-Laws VAT and Sales Tax Wed, 04 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396172