https://www.taxtmi.com/caselaws?id=152991 Excise duty paid by a purchaser after acquiring petroleum products and removing them from its own bonded warehouses is discharged under the purchaser's statutory liability, not as consideration paid to the seller. It therefore does not form part of purchase price or taxable turnover under the Kerala General Sales Tax Act, 1963. The concessional sales-tax rate for naphtha is available where the buyer is a manufacturer of First Schedule goods and furnishes the prescribed declaration; indirect use of naphtha as fuel to produce hydrogen for manufacturing chemical fertilisers does not defeat the concession. en-us Thu, 11 Dec 1980 00:00:00 +0530 Mon, 15 Jul 2013 15:07:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152991 Excise duty paid by a purchaser after acquiring petroleum products and removing them from its own bonded warehouses is discharged under the purchaser's statutory liability, not as consideration paid to the seller. It therefore does not form part of purchase price or taxable turnover under the Kerala General Sales Tax Act, 1963. The concessional sales-tax rate for naphtha is available where the buyer is a manufacturer of First Schedule goods and furnishes the prescribed declaration; indirect use of naphtha as fuel to produce hydrogen for manufacturing chemical fertilisers does not defeat the concession. Case-Laws VAT and Sales Tax Thu, 11 Dec 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152991