1996 (8) TMI 430 - SCH - VAT and Sales Tax

Section 16(1)(b) applies only if assessment has been made at a rate lower than the assessable rate. Appeal dismissed. In the instant case the assessment is not at a rate lower than that at which the turnover ought to have been assessed; it is really a case of seeking to reassess under a different head.

Summary

The Supreme Court dismissed civil appeals and special leave petitions related to a case from the Madras High Court. Section 16(1)(b) does not apply as the assessment was not lower than the correct rate. The appeals and petitions were dismissed with no costs.