https://www.taxtmi.com/caselaws?id=152547 The court held that the assessee, acting as a purchasing agent for mills holding certificates under section 4-B(2), was not entitled to a concessional tax rate as he did not possess a recognition certificate under section 4-B(2). Despite purchasing on behalf of the mills, the assessee was deemed the first purchaser under section 3-D and liable for tax under section 3-D(1). The court emphasized that the concessional rate under section 4-B is only available to those with a recognition certificate, denying the extension of benefits to the purchasing agent. The revision was allowed in favor of the department, overturning the prior decision and awarding costs to the department. en-us Thu, 14 Sep 1978 00:00:00 +0530 Sat, 06 Jul 2013 14:46:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152547 The court held that the assessee, acting as a purchasing agent for mills holding certificates under section 4-B(2), was not entitled to a concessional tax rate as he did not possess a recognition certificate under section 4-B(2). Despite purchasing on behalf of the mills, the assessee was deemed the first purchaser under section 3-D and liable for tax under section 3-D(1). The court emphasized that the concessional rate under section 4-B is only available to those with a recognition certificate, denying the extension of benefits to the purchasing agent. The revision was allowed in favor of the department, overturning the prior decision and awarding costs to the department. Case-Laws VAT and Sales Tax Thu, 14 Sep 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152547