https://www.taxtmi.com/caselaws?id=158927 Tax could not be levied under the U.P. Sales or Purchase of Motor Spirit, Diesel Oil and Alcohol Taxation Act, 1939 on losses of motor spirit and diesel oil, because the charging provision applied only to the first sale and the Act defined sale as a transfer for consideration. Losses arising from evaporation, transit, or shrinkage did not amount to a taxable sale, and in the absence of statutory authority the audit-objection-based demand lacked legal basis. The consequential recovery proceedings were therefore unsustainable, and the impugned demand notices and recovery were quashed. en-us Thu, 07 Jul 1994 00:00:00 +0530 Mon, 11 Nov 2013 14:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158927 Tax could not be levied under the U.P. Sales or Purchase of Motor Spirit, Diesel Oil and Alcohol Taxation Act, 1939 on losses of motor spirit and diesel oil, because the charging provision applied only to the first sale and the Act defined sale as a transfer for consideration. Losses arising from evaporation, transit, or shrinkage did not amount to a taxable sale, and in the absence of statutory authority the audit-objection-based demand lacked legal basis. The consequential recovery proceedings were therefore unsustainable, and the impugned demand notices and recovery were quashed. Case-Laws VAT and Sales Tax Thu, 07 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158927