https://www.taxtmi.com/caselaws?id=164460 A statutory presumption arising from non-cancellation of transit passes under trade tax law is rebuttable, not conclusive. Where the assessee produced evidence that the goods crossed the State border, were entered in recipient stock registers in other States, and were ultimately sold outside the State, the presumption of local sale stood displaced. On that factual foundation, the assessment addition and the penalty based only on presumed local sale could not be sustained. en-us Fri, 11 Sep 2009 00:00:00 +0530 Sat, 01 Nov 2014 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164460 A statutory presumption arising from non-cancellation of transit passes under trade tax law is rebuttable, not conclusive. Where the assessee produced evidence that the goods crossed the State border, were entered in recipient stock registers in other States, and were ultimately sold outside the State, the presumption of local sale stood displaced. On that factual foundation, the assessment addition and the penalty based only on presumed local sale could not be sustained. Case-Laws VAT and Sales Tax Fri, 11 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164460