https://www.taxtmi.com/caselaws?id=157608 Exemption under small-scale industry notifications issued for sales tax under section 4AA did not extend to turnover tax under section 4AAA, because turnover tax operated under a separate self-contained charging scheme and required an express statutory prescription. The levy was also not confiscatory, as loss or low profit by a dealer does not by itself show expropriation or invalid tax burden. On the constitutional challenge, turnover tax did not directly and immediately impede trade under article 301, and in the absence of such a violation, Presidential assent under article 304(b) was not required. The challenge to the levy therefore failed on all substantive grounds. en-us Fri, 25 Jun 1993 00:00:00 +0530 Tue, 08 Oct 2013 16:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157608 Exemption under small-scale industry notifications issued for sales tax under section 4AA did not extend to turnover tax under section 4AAA, because turnover tax operated under a separate self-contained charging scheme and required an express statutory prescription. The levy was also not confiscatory, as loss or low profit by a dealer does not by itself show expropriation or invalid tax burden. On the constitutional challenge, turnover tax did not directly and immediately impede trade under article 301, and in the absence of such a violation, Presidential assent under article 304(b) was not required. The challenge to the levy therefore failed on all substantive grounds. Case-Laws VAT and Sales Tax Fri, 25 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157608