https://www.taxtmi.com/caselaws?id=752562 Reassessment under the Uttarakhand Value Added Tax Act may be invoked within the six-year outer limit from the end of the assessment year, even if it involves a change of opinion. On the facts, reassessment for assessment year 2010-11 was within time and remained valid on limitation. Nylon Chips were treated as plastic granules under Entry 83 of Schedule II(B) because the product retained its essential character as plastic in granulated form; additives and fillers did not change that character. The item was therefore not to be taxed as an unclassified commodity at 13.5%. en-us Mon, 06 May 2024 00:00:00 +0530 Tue, 14 May 2024 06:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752562 Reassessment under the Uttarakhand Value Added Tax Act may be invoked within the six-year outer limit from the end of the assessment year, even if it involves a change of opinion. On the facts, reassessment for assessment year 2010-11 was within time and remained valid on limitation. Nylon Chips were treated as plastic granules under Entry 83 of Schedule II(B) because the product retained its essential character as plastic in granulated form; additives and fillers did not change that character. The item was therefore not to be taxed as an unclassified commodity at 13.5%. Case-Laws VAT and Sales Tax Mon, 06 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752562