https://www.taxtmi.com/caselaws?id=128111 Under the General Sales Tax Act, where the assessment year is the unit of charge and a notification fixes the taxable point as the last purchase in the State, liability must be determined only by reference to transactions within that assessment year. Events occurring after the year cannot alter the tax position or defeat the assessment. The expression "last purchase in the State" therefore refers to the last purchase within the relevant assessment period, not to later transactions. On that basis, the assessee could not avoid tax by relying on subsequent purchases or sales, and the challenge to liability failed. en-us Thu, 21 Jul 1960 00:00:00 +0530 Thu, 28 Mar 2013 17:25:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128111 Under the General Sales Tax Act, where the assessment year is the unit of charge and a notification fixes the taxable point as the last purchase in the State, liability must be determined only by reference to transactions within that assessment year. Events occurring after the year cannot alter the tax position or defeat the assessment. The expression "last purchase in the State" therefore refers to the last purchase within the relevant assessment period, not to later transactions. On that basis, the assessee could not avoid tax by relying on subsequent purchases or sales, and the challenge to liability failed. Case-Laws VAT and Sales Tax Thu, 21 Jul 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128111