https://www.taxtmi.com/caselaws?id=449800 The Punjab and Haryana HC dismissed an appeal challenging a tribunal's review order that corrected wheat flour taxation from 3% to 2% under HGST Act 1973. The court held that under Section 33, rectification of clerical mistakes is permitted within two years, while Section 40 allows revisional proceedings within five years. Since revisional proceedings initiated for the 1991-92 assessment order dated 17.07.1992 were not concluded by 17.07.1997, they were properly dropped. The tribunal correctly exercised review jurisdiction under Section 41 to correct the apparent error in tax rate application, as the mistake was evident from records and fell within permissible review powers. en-us Fri, 16 Feb 2024 00:00:00 +0530 Wed, 21 Feb 2024 07:10:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449800 The Punjab and Haryana HC dismissed an appeal challenging a tribunal's review order that corrected wheat flour taxation from 3% to 2% under HGST Act 1973. The court held that under Section 33, rectification of clerical mistakes is permitted within two years, while Section 40 allows revisional proceedings within five years. Since revisional proceedings initiated for the 1991-92 assessment order dated 17.07.1992 were not concluded by 17.07.1997, they were properly dropped. The tribunal correctly exercised review jurisdiction under Section 41 to correct the apparent error in tax rate application, as the mistake was evident from records and fell within permissible review powers. Case-Laws VAT and Sales Tax Fri, 16 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449800