https://www.taxtmi.com/caselaws?id=157964 Section 2(r)(ii) of the M.P. General Sales Tax Act was construed in the context of single-point taxation for tendu leaves. The Court held that the requirement that goods be purchased from a registered dealer was not confined to the assessee's immediate seller where the goods had already suffered tax at the first stage through a registered dealer. Read consistently with the single-point scheme, the provision allowed deduction of the sale price from taxable turnover in such circumstances. The earlier narrower view was not followed after later Supreme Court interpretation of a similar scheme, and the deduction was therefore available to the assessee. en-us Thu, 12 Jan 1995 00:00:00 +0530 Mon, 14 Oct 2013 15:00:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157964 Section 2(r)(ii) of the M.P. General Sales Tax Act was construed in the context of single-point taxation for tendu leaves. The Court held that the requirement that goods be purchased from a registered dealer was not confined to the assessee's immediate seller where the goods had already suffered tax at the first stage through a registered dealer. Read consistently with the single-point scheme, the provision allowed deduction of the sale price from taxable turnover in such circumstances. The earlier narrower view was not followed after later Supreme Court interpretation of a similar scheme, and the deduction was therefore available to the assessee. Case-Laws VAT and Sales Tax Thu, 12 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157964