https://www.taxtmi.com/caselaws?id=105194 Amounts received from the industrial pool or compensation pool in relation to sales by one oil company to another oil company were not includible in taxable turnover where the statutory scheme treated such inter-oil-company sales as not constituting the first sale in the State. The receipts were directly linked to sales to IOCL, and once those sales fell outside the first-sale charge, the connected pool payments could not be taxed at that stage. The matter was remanded for fresh adjudication consistent with this clarification. en-us Tue, 18 Sep 2001 00:00:00 +0530 Fri, 30 Aug 2013 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105194 Amounts received from the industrial pool or compensation pool in relation to sales by one oil company to another oil company were not includible in taxable turnover where the statutory scheme treated such inter-oil-company sales as not constituting the first sale in the State. The receipts were directly linked to sales to IOCL, and once those sales fell outside the first-sale charge, the connected pool payments could not be taxed at that stage. The matter was remanded for fresh adjudication consistent with this clarification. Case-Laws VAT and Sales Tax Tue, 18 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105194