https://www.taxtmi.com/caselaws?id=160663 Purchase tax under section 3-B of the Orissa Sales Tax Act, 1947 applied only to paddy purchased on or after 1 April 1978, when tax incidence shifted to the purchase point. Paddy already bought before that date could not be treated as a post-1 April 1978 purchase merely because it remained in stock on that date. The earlier notification regime had taxed such paddy at the sale point, and the change in incidence could not be extended to pre-existing stock. The governing principle was that tax liability is determined by the law and rate prevailing at the time of purchase, so levy on the stock was not justified. en-us Thu, 21 Sep 2000 00:00:00 +0530 Sat, 21 Dec 2013 16:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160663 Purchase tax under section 3-B of the Orissa Sales Tax Act, 1947 applied only to paddy purchased on or after 1 April 1978, when tax incidence shifted to the purchase point. Paddy already bought before that date could not be treated as a post-1 April 1978 purchase merely because it remained in stock on that date. The earlier notification regime had taxed such paddy at the sale point, and the change in incidence could not be extended to pre-existing stock. The governing principle was that tax liability is determined by the law and rate prevailing at the time of purchase, so levy on the stock was not justified. Case-Laws VAT and Sales Tax Thu, 21 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160663