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Revision of assessment - stock difference in respect of ...


Tribunal Validates Stock Suppression Findings on Groundnut, Limits Revision to Actual Amount; High Court Upholds Decision.

March 11, 2022

Case Laws     VAT and Sales Tax     HC

Revision of assessment - stock difference in respect of groundnut and groundnut kernal - The Tribunal was of the view that inasmuch as the suppression is proved by the recorded evidence, the same is warranted, however, restricted to the actual suppression and is accordingly, modified. There are no fault with the finding of the Tribunal in this regard - HC

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