https://www.taxtmi.com/caselaws?id=164124 Where copra was procured under a scheme through a nodal agency and local procurement agencies acted only as commission agents, the transfer from the procurement agency to the nodal agency was treated as an internal movement within a principal-agent arrangement and not as an independent sale liable to sales tax. The goods were regarded as the nodal agency's stock, stored and insured at its cost, so tax arose only when the nodal agency later sold the goods to third parties. Any tax collected at the procurement stage was not proof of double taxation and could be adjusted by set-off. The assessment and appellate orders were upheld and the petitions were rejected. en-us Tue, 24 Mar 2009 00:00:00 +0530 Thu, 13 Nov 2014 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164124 Where copra was procured under a scheme through a nodal agency and local procurement agencies acted only as commission agents, the transfer from the procurement agency to the nodal agency was treated as an internal movement within a principal-agent arrangement and not as an independent sale liable to sales tax. The goods were regarded as the nodal agency's stock, stored and insured at its cost, so tax arose only when the nodal agency later sold the goods to third parties. Any tax collected at the procurement stage was not proof of double taxation and could be adjusted by set-off. The assessment and appellate orders were upheld and the petitions were rejected. Case-Laws VAT and Sales Tax Tue, 24 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164124