https://www.taxtmi.com/caselaws?id=65864 The court remanded the case for a realistic assessment by the assessing authority based on market rates or reliable information from other dealers regarding the overestimation of packing material prices for cotton bales. The assessment of tax on groundnut shells was set aside due to lack of evidence of sale. A fresh inquiry was ordered to determine the correct percentage of crushing shortage in the oil extraction process. The assessment of tax on the implied sale price of gunny bags used for packing fertilizers was also set aside, considering their unusability after use. en-us Tue, 20 Apr 1976 00:00:00 +0530 Sat, 02 Jan 2016 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65864 The court remanded the case for a realistic assessment by the assessing authority based on market rates or reliable information from other dealers regarding the overestimation of packing material prices for cotton bales. The assessment of tax on groundnut shells was set aside due to lack of evidence of sale. A fresh inquiry was ordered to determine the correct percentage of crushing shortage in the oil extraction process. The assessment of tax on the implied sale price of gunny bags used for packing fertilizers was also set aside, considering their unusability after use. Case-Laws VAT and Sales Tax Tue, 20 Apr 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65864