https://www.taxtmi.com/caselaws?id=160339 A purchasing dealer who secures concessional sales tax by furnishing a declaration that raw materials will be used in manufacturing finished goods for taxable sale can be proceeded against under section 45A(1)(g) if that declaration is materially false. The concession under section 5(7) is available only while the finished products remain liable to tax under the Act or the Central Sales Tax Act; where the goods are transferred outside the State by branch transfer or consignment and are not taxed, the concession fails. A false declaration causing revenue loss may attract maximum penalty, and the fact that the tax is initially collected from the selling dealer does not bar action against the purchasing dealer. en-us Thu, 08 Apr 1999 00:00:00 +0530 Mon, 16 Dec 2013 14:34:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160339 A purchasing dealer who secures concessional sales tax by furnishing a declaration that raw materials will be used in manufacturing finished goods for taxable sale can be proceeded against under section 45A(1)(g) if that declaration is materially false. The concession under section 5(7) is available only while the finished products remain liable to tax under the Act or the Central Sales Tax Act; where the goods are transferred outside the State by branch transfer or consignment and are not taxed, the concession fails. A false declaration causing revenue loss may attract maximum penalty, and the fact that the tax is initially collected from the selling dealer does not bar action against the purchasing dealer. Case-Laws VAT and Sales Tax Thu, 08 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160339