https://www.taxtmi.com/caselaws?id=153849 Liability to tax on raw hides and skins under item 7(a) of the Second Schedule read with section 4 of the Tamil Nadu General Sales Tax Act, 1959 arises only when the goods have in fact become the last purchase in the State during the assessment year. Provisional assessment does not remove the requirement of material showing that the taxable event has occurred. Mere stock possession, unsold goods, or presumed market demand is insufficient where the goods may still change character before year-end. Demand notices based only on conjecture, without a determinative event establishing last purchase within the provisional period, were without authority and were quashed. en-us Thu, 13 Aug 1981 00:00:00 +0530 Wed, 31 Jul 2013 18:31:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153849 Liability to tax on raw hides and skins under item 7(a) of the Second Schedule read with section 4 of the Tamil Nadu General Sales Tax Act, 1959 arises only when the goods have in fact become the last purchase in the State during the assessment year. Provisional assessment does not remove the requirement of material showing that the taxable event has occurred. Mere stock possession, unsold goods, or presumed market demand is insufficient where the goods may still change character before year-end. Demand notices based only on conjecture, without a determinative event establishing last purchase within the provisional period, were without authority and were quashed. Case-Laws VAT and Sales Tax Thu, 13 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153849