https://www.taxtmi.com/caselaws?id=159561 Best judgment assessment after rejection of account books must still determine taxable turnover from material on record. The Tribunal's reliance on audit, survey and other records supported the turnover determined, so the assessment was sustained. Exemption for locally purchased electric motors supplied to Government departments could not be denied merely because the motors were later assembled with other components into centrifugal pumps. As the relevant transaction was a local purchase followed by an intra-State sale, the exemption applied. The revision succeeded only to the extent of granting exemption for the electric-motor sales. en-us Sat, 07 Nov 1992 00:00:00 +0530 Wed, 27 Nov 2013 14:21:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159561 Best judgment assessment after rejection of account books must still determine taxable turnover from material on record. The Tribunal's reliance on audit, survey and other records supported the turnover determined, so the assessment was sustained. Exemption for locally purchased electric motors supplied to Government departments could not be denied merely because the motors were later assembled with other components into centrifugal pumps. As the relevant transaction was a local purchase followed by an intra-State sale, the exemption applied. The revision succeeded only to the extent of granting exemption for the electric-motor sales. Case-Laws VAT and Sales Tax Sat, 07 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159561