https://www.taxtmi.com/caselaws?id=243938 Purchase tax under Section 7-A of the Tamil Nadu General Sales Tax Act was held inapplicable because the statutory precondition of a dealer's purchase of goods in the course of business was not satisfied. Gold jewellery disclosed under a voluntary disclosure scheme and later introduced into a partnership firm's capital account could not be treated as a business purchase by the firm, so the charge to purchase tax did not arise. A clarificatory circular could not override the statutory conditions for levy. The assessment was therefore deleted and the assessee's position was upheld. en-us Fri, 04 Nov 2011 00:00:00 +0530 Tue, 05 Aug 2014 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243938 Purchase tax under Section 7-A of the Tamil Nadu General Sales Tax Act was held inapplicable because the statutory precondition of a dealer's purchase of goods in the course of business was not satisfied. Gold jewellery disclosed under a voluntary disclosure scheme and later introduced into a partnership firm's capital account could not be treated as a business purchase by the firm, so the charge to purchase tax did not arise. A clarificatory circular could not override the statutory conditions for levy. The assessment was therefore deleted and the assessee's position was upheld. Case-Laws VAT and Sales Tax Fri, 04 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243938