Sunday, 23 February 2014

Revisional authority can't go beyond Form F declaration in case of stock transfer except in instance

CST/VAT : If it is not an inter-State sale provided through a legal fiction under section 6A, then it amounts to transfer of stock and such a finding cannot be appealed against or reopened on premise that there was a mere error of judgment or change in opinion except in limited cases of fraud, mis-representation, etc.


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