https://www.taxtmi.com/caselaws?id=158029 Liability as the last purchaser of jute is determined by the relevant assessment year and the assessee's own declaration, not by later resale of the goods. Where the assessee bought jute for consumption in its mill, declared the turnover as last purchase turnover, and paid tax on that basis, it could not dispute the liability merely because the stock was sold in a subsequent year. The later disposal did not alter the tax position for the year in question, and the assessment order was upheld. en-us Tue, 01 Nov 1994 00:00:00 +0530 Tue, 15 Oct 2013 14:02:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158029 Liability as the last purchaser of jute is determined by the relevant assessment year and the assessee's own declaration, not by later resale of the goods. Where the assessee bought jute for consumption in its mill, declared the turnover as last purchase turnover, and paid tax on that basis, it could not dispute the liability merely because the stock was sold in a subsequent year. The later disposal did not alter the tax position for the year in question, and the assessment order was upheld. Case-Laws VAT and Sales Tax Tue, 01 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158029