https://www.taxtmi.com/caselaws?id=162244 Rule 29(v) of the Punjab General Sales Tax Rules, 1949 is explained as allowing deduction of the value of goods proved to have been exported out of India, whether the export occurred through one transaction or a series of transactions. The article notes that indirect export through intermediary transactions does not defeat the deduction where actual export is established. It also states that rule 29(v) was treated as operating consistently with section 5 of the Central Sales Tax Act, 1956 and the Punjab General Sales Tax Act, 1948 because it enlarged the relief available for export turnover rather than conflicting with the statutory scheme. 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 is explained as allowing deduction of the value of goods proved to have been exported out of India, whether the export occurred through one transaction or a series of transactions. The article notes that indirect export through intermediary transactions does not defeat the deduction where actual export is established. It also states that rule 29(v) was treated as operating consistently with section 5 of the Central Sales Tax Act, 1956 and the Punjab General Sales Tax Act, 1948 because it enlarged the relief available for export turnover rather than conflicting with the statutory scheme. Case-Laws VAT and Sales Tax Tue, 18 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162244