https://www.taxtmi.com/caselaws?id=157130 A dealer whose registration certificate was amended to include country liquor with effect from the application date could claim adjustment of tax paid on stock held on that deemed registration date. The certificate, though earlier surrendered, had not been cancelled and therefore remained operative. Applying rule 7(3), registration took effect from the date of application, and the second proviso to rule 36 allowed adjustment of tax paid on purchases of stock held on that date, subject to the prescribed certificate and other formalities. The stock of country liquor held on 19 November 1976 therefore qualified for adjustment, provided the rule 36 requirements were satisfied. en-us Wed, 06 Nov 1991 00:00:00 +0530 Mon, 30 Sep 2013 15:45:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157130 A dealer whose registration certificate was amended to include country liquor with effect from the application date could claim adjustment of tax paid on stock held on that deemed registration date. The certificate, though earlier surrendered, had not been cancelled and therefore remained operative. Applying rule 7(3), registration took effect from the date of application, and the second proviso to rule 36 allowed adjustment of tax paid on purchases of stock held on that date, subject to the prescribed certificate and other formalities. The stock of country liquor held on 19 November 1976 therefore qualified for adjustment, provided the rule 36 requirements were satisfied. Case-Laws VAT and Sales Tax Wed, 06 Nov 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157130