https://www.taxtmi.com/caselaws?id=164211 Purchase tax under section 4B of the Punjab General Sales Tax Act, 1948 is attracted where cotton seed purchased within the State is used to manufacture oil and oil-cakes, and the oil-cakes are sent outside the State on consignment basis rather than sold within the State. The taxable event is the purchase of the raw material, so consignment removal of the manufactured goods does not exclude the levy. However, the tax must be computed with reference to the proportion of cotton seed attributable to the oil-cakes so disposed of, not on the consignment sale value of the oil-cakes. The levy was upheld, but the measure was confined to the relevant proportion of raw material. en-us Thu, 22 Jan 2009 00:00:00 +0530 Wed, 19 Nov 2014 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164211 Purchase tax under section 4B of the Punjab General Sales Tax Act, 1948 is attracted where cotton seed purchased within the State is used to manufacture oil and oil-cakes, and the oil-cakes are sent outside the State on consignment basis rather than sold within the State. The taxable event is the purchase of the raw material, so consignment removal of the manufactured goods does not exclude the levy. However, the tax must be computed with reference to the proportion of cotton seed attributable to the oil-cakes so disposed of, not on the consignment sale value of the oil-cakes. The levy was upheld, but the measure was confined to the relevant proportion of raw material. Case-Laws VAT and Sales Tax Thu, 22 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164211