2003 (1) TMI 687

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....e Act") against the order of Tribunal dated February 2, 1996 relating to assessment year 1980-81. 2. The dealer-opposite party was manufacturing barbed wire and other items of iron and steel and was holding recognition certificate under section 4-B. During the year under consideration, dealer had obtained form III-B from its assessing authority and issued the same for purchasing raw materia....

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....es of raw material, dealer was holding valid recognition certificate under section 4-B of the Act. The proceeding under section 3-B can only be taken when dealer issues false or wrong certificate or declaration. Since dealer was holding valid recognition certificate during the year under consideration and form III-B was issued by the assessing authority, such form III-B cannot be said to be false ....