https://www.taxtmi.com/caselaws?id=157632 The Tribunal upheld the assessing authority's method for determining purchase turnover for local sales exemption due to the absence of proper accounts, deeming it reasonable. The Appellate Tribunal justified the limitation of exemption on purchases made in Karnataka State to the figure adopted in the Karnataka assessment, finding it fair and reasonable. The petitioner's eligibility for exemption under section 5(3) of the Central Sales Tax Act was limited to purchases after April 1, 1976, in compliance with the Act's provisions. The revision was dismissed for lacking merit based on the Tribunal's reasoned decisions. en-us Thu, 07 Oct 1993 00:00:00 +0530 Tue, 08 Oct 2013 17:42:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157632 The Tribunal upheld the assessing authority's method for determining purchase turnover for local sales exemption due to the absence of proper accounts, deeming it reasonable. The Appellate Tribunal justified the limitation of exemption on purchases made in Karnataka State to the figure adopted in the Karnataka assessment, finding it fair and reasonable. The petitioner's eligibility for exemption under section 5(3) of the Central Sales Tax Act was limited to purchases after April 1, 1976, in compliance with the Act's provisions. The revision was dismissed for lacking merit based on the Tribunal's reasoned decisions. Case-Laws VAT and Sales Tax Thu, 07 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157632