https://www.taxtmi.com/caselaws?id=162244 Rule 29(v) of the Punjab General Sales Tax Rules, 1949 permits deduction of the value of goods proved to have been exported outside India, including where export occurs through a series of intermediary transactions. The deduction is not defeated merely because the contractual chain includes the State Trading Corporation, provided actual export is established. Rule 29(v) operates as an additional and broader deduction within the sales-tax framework and is not inconsistent with the Central Sales Tax Act, 1956 or the Punjab General Sales Tax Act, 1948. Export turnover meeting the rule's proof requirement therefore qualifies for deduction. en-us Tue, 18 Jan 2005 00:00:00 +0530 Fri, 21 Feb 2014 14:57:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162244 Rule 29(v) of the Punjab General Sales Tax Rules, 1949 permits deduction of the value of goods proved to have been exported outside India, including where export occurs through a series of intermediary transactions. The deduction is not defeated merely because the contractual chain includes the State Trading Corporation, provided actual export is established. Rule 29(v) operates as an additional and broader deduction within the sales-tax framework and is not inconsistent with the Central Sales Tax Act, 1956 or the Punjab General Sales Tax Act, 1948. Export turnover meeting the rule's proof requirement therefore qualifies for deduction. Case-Laws VAT and Sales Tax Tue, 18 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162244