https://www.taxtmi.com/caselaws?id=154832 The High Court affirmed the Tribunal's decision to exempt disputed turnovers from tax, considering them as sales in the course of import. Relying on import licenses and letters of authority, the Tribunal established a nexus between the assessees, buyers, and foreign sellers. Citing Supreme Court and High Court precedents, the Court upheld the Tribunal's decision, emphasizing the one-sale principle and dismissing the tax revision cases. The High Court found the facts analogous to a previous judgment, ultimately confirming the exemption of turnovers from tax. en-us Wed, 04 Jul 1984 00:00:00 +0530 Tue, 27 Aug 2013 16:34:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154832 The High Court affirmed the Tribunal's decision to exempt disputed turnovers from tax, considering them as sales in the course of import. Relying on import licenses and letters of authority, the Tribunal established a nexus between the assessees, buyers, and foreign sellers. Citing Supreme Court and High Court precedents, the Court upheld the Tribunal's decision, emphasizing the one-sale principle and dismissing the tax revision cases. The High Court found the facts analogous to a previous judgment, ultimately confirming the exemption of turnovers from tax. Case-Laws VAT and Sales Tax Wed, 04 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154832