https://www.taxtmi.com/caselaws?id=105802 A conjoint reading of section 8(1)(a), Explanations 1 and 2, and rule 12 under the Assam General Sales Tax Act, 1993 indicates that where resale price exceeds the prescribed margin, the deemed first point of sale shifts to the resale stage. The statutory scheme does not permit double taxation within the State, so where tax has already been paid at the earlier purchase stage, the levy on the dealer is confined to the difference between the purchase price and the resale price. Any amount actually collected from consumers as tax remained a factual matter for verification by the tax authority. en-us Mon, 27 Nov 2006 00:00:00 +0530 Mon, 09 May 2022 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105802 A conjoint reading of section 8(1)(a), Explanations 1 and 2, and rule 12 under the Assam General Sales Tax Act, 1993 indicates that where resale price exceeds the prescribed margin, the deemed first point of sale shifts to the resale stage. The statutory scheme does not permit double taxation within the State, so where tax has already been paid at the earlier purchase stage, the levy on the dealer is confined to the difference between the purchase price and the resale price. Any amount actually collected from consumers as tax remained a factual matter for verification by the tax authority. Case-Laws VAT and Sales Tax Mon, 27 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105802