https://www.taxtmi.com/caselaws?id=161206 The High Court held that all despatches to buyers in Kerala constituted inter-State sales, rejecting the Tribunal's view on stock transfers. The penalty imposed for incorrect return filing was set aside as the company had disclosed all transactions, even though exemption was claimed incorrectly. The Court referenced the Sahney Steel case to support its interpretation. Both tax case revisions were disposed of without costs. en-us Fri, 12 Dec 1997 00:00:00 +0530 Thu, 09 Jan 2014 17:08:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161206 The High Court held that all despatches to buyers in Kerala constituted inter-State sales, rejecting the Tribunal's view on stock transfers. The penalty imposed for incorrect return filing was set aside as the company had disclosed all transactions, even though exemption was claimed incorrectly. The Court referenced the Sahney Steel case to support its interpretation. Both tax case revisions were disposed of without costs. Case-Laws VAT and Sales Tax Fri, 12 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161206