https://www.taxtmi.com/caselaws?id=154170 Agency arrangements for export promotion were treated as decisive where the assessee acted for sister concerns in exporting hides and skins and importing chemicals under the export entitlement scheme. The record did not show a purchase by the assessee followed by a resale; instead, the export and the connected import entitlement retained the principals' character. On that basis, distribution of the imported chemicals to the sister concerns was described as an act done in the capacity of agent, not as a taxable local sale by the assessee. The commentary states that unsupported presumptions or fiscal fictions cannot convert genuine agency transactions into sales under the Tamil Nadu General Sales Tax Act, 1959. en-us Mon, 20 Sep 1982 00:00:00 +0530 Fri, 09 Aug 2013 16:37:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154170 Agency arrangements for export promotion were treated as decisive where the assessee acted for sister concerns in exporting hides and skins and importing chemicals under the export entitlement scheme. The record did not show a purchase by the assessee followed by a resale; instead, the export and the connected import entitlement retained the principals' character. On that basis, distribution of the imported chemicals to the sister concerns was described as an act done in the capacity of agent, not as a taxable local sale by the assessee. The commentary states that unsupported presumptions or fiscal fictions cannot convert genuine agency transactions into sales under the Tamil Nadu General Sales Tax Act, 1959. Case-Laws VAT and Sales Tax Mon, 20 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154170