https://www.taxtmi.com/caselaws?id=763607 The HC set aside the orders of the Tribunal, Appellate Deputy Commissioner, and Assessing Authority, remanding the case for a fresh assessment. The Court found that the petitioner consistently paid the appropriate tax rate of 4% as per the VAT Act's schedule, without seeking exemptions through 'C' forms. Consequently, the imposition of a higher tax rate due to the absence of 'C' forms was deemed incorrect. The HC directed the Assessing Authority to reassess the tax liability, focusing on the applicable tax rate for the goods sold, within a four-week timeline. en-us Tue, 19 Nov 2024 00:00:00 +0530 Tue, 24 Dec 2024 08:28:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763607 The HC set aside the orders of the Tribunal, Appellate Deputy Commissioner, and Assessing Authority, remanding the case for a fresh assessment. The Court found that the petitioner consistently paid the appropriate tax rate of 4% as per the VAT Act's schedule, without seeking exemptions through 'C' forms. Consequently, the imposition of a higher tax rate due to the absence of 'C' forms was deemed incorrect. The HC directed the Assessing Authority to reassess the tax liability, focusing on the applicable tax rate for the goods sold, within a four-week timeline. Case-Laws VAT / Sales Tax Tue, 19 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763607