https://www.taxtmi.com/caselaws?id=156949 Sale of a motor vehicle chassis qualified as resale under the Gujarat Sales Tax Act because the evidence showed the very article purchased was later sold in working order after removal of the tank. The Tribunal accepted the purchaser's affidavit and correspondence, and the Court held that mere passage of time or book depreciation did not change the goods' essential identity or take them outside the requirement of sale in the same form. Reliance on depreciated book value, without addressing the factual evidence, was held to be erroneous. The transaction was therefore treated as resale under section 7(ii), in favour of the assessee. en-us Wed, 11 Nov 1992 00:00:00 +0530 Thu, 26 Sep 2013 15:55:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156949 Sale of a motor vehicle chassis qualified as resale under the Gujarat Sales Tax Act because the evidence showed the very article purchased was later sold in working order after removal of the tank. The Tribunal accepted the purchaser's affidavit and correspondence, and the Court held that mere passage of time or book depreciation did not change the goods' essential identity or take them outside the requirement of sale in the same form. Reliance on depreciated book value, without addressing the factual evidence, was held to be erroneous. The transaction was therefore treated as resale under section 7(ii), in favour of the assessee. Case-Laws VAT and Sales Tax Wed, 11 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156949