https://www.taxtmi.com/caselaws?id=158770 Second sale exemption was allowed for turnover from purchases of iron scrap where the assessee produced purchase bills, seller registration details and addresses, and otherwise supported the genuineness of the transactions. The governing principle was that, to claim second sale treatment, the assessee need not prove that the earlier seller actually paid tax; it was enough to show that the earlier transaction was a taxable sale and that the assessee's sale was only a subsequent sale. As the Revenue did not establish that the assessee's sales were first sales, the revision under section 34 was held unsustainable and the exemption was restored. en-us Thu, 19 Oct 1995 00:00:00 +0530 Wed, 06 Nov 2013 18:07:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158770 Second sale exemption was allowed for turnover from purchases of iron scrap where the assessee produced purchase bills, seller registration details and addresses, and otherwise supported the genuineness of the transactions. The governing principle was that, to claim second sale treatment, the assessee need not prove that the earlier seller actually paid tax; it was enough to show that the earlier transaction was a taxable sale and that the assessee's sale was only a subsequent sale. As the Revenue did not establish that the assessee's sales were first sales, the revision under section 34 was held unsustainable and the exemption was restored. Case-Laws VAT and Sales Tax Thu, 19 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158770