https://www.taxtmi.com/caselaws?id=429669 Repeated valuation objections and renewed reliance on Section 18 were found insufficient where the impugned notices reflected the same defects as earlier rounds, including adoption of other suppliers' prices and failure to independently assess the petitioner's exemption claim for supplies to a Special Economic Zone developer. The assessment process must show independent application of mind by the assessing authority, even when audit objections exist. In light of the conceded flaws, the notices were not sustained, and fresh notices were permitted to be issued within the stipulated time. en-us Fri, 30 Sep 2022 00:00:00 +0530 Thu, 03 Nov 2022 09:03:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429669 Repeated valuation objections and renewed reliance on Section 18 were found insufficient where the impugned notices reflected the same defects as earlier rounds, including adoption of other suppliers' prices and failure to independently assess the petitioner's exemption claim for supplies to a Special Economic Zone developer. The assessment process must show independent application of mind by the assessing authority, even when audit objections exist. In light of the conceded flaws, the notices were not sustained, and fresh notices were permitted to be issued within the stipulated time. Case-Laws VAT and Sales Tax Fri, 30 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429669