TNVAT: Tax Officer Bound by Higher Authority’s Clarification – Madras HC

Aathees Wetcasting Materials (P) Ltd. Vs Commercial Tax Officer (Madras High Court) The Madras High Court addressed a writ petition filed by Aathees Wetcasting Materials (P) Ltd. challenging an assessment order and a consequential demand notice issued by the Commercial Tax Officer. The petitioner, a manufacturer of cement cover block stones, had initially been assessed at a tax rate of 5% following an inspection in 2012. This assessment was partially upheld by the appellate authority, and the Assessing Officer (AO) also gave effect to the appellate order. However, the AO subsequently issued a ...