https://www.taxtmi.com/caselaws?id=158245 Transfer of stock between two business premises of the same proprietor, even if held under different excise licences, is not a sale because a sale requires transfer between different persons; the stock movement was therefore not liable to tax as sales turnover. An addition to taxable turnover for alleged sales of food and aerated waters cannot be sustained on mere assumption from the licence terms without factual, circumstantial, or other evidentiary support; the proposed turnover addition was accordingly unjustified. The stated ratio is that intra-proprietor transfers are stock transfers, and turnover additions require proof rather than conjecture. en-us Thu, 21 Mar 1996 00:00:00 +0530 Fri, 18 Oct 2013 16:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158245 Transfer of stock between two business premises of the same proprietor, even if held under different excise licences, is not a sale because a sale requires transfer between different persons; the stock movement was therefore not liable to tax as sales turnover. An addition to taxable turnover for alleged sales of food and aerated waters cannot be sustained on mere assumption from the licence terms without factual, circumstantial, or other evidentiary support; the proposed turnover addition was accordingly unjustified. The stated ratio is that intra-proprietor transfers are stock transfers, and turnover additions require proof rather than conjecture. Case-Laws VAT and Sales Tax Thu, 21 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158245