https://www.taxtmi.com/caselaws?id=164967 Purchase turnover of declared goods liable to tax at the stage of last purchase under the State Act was deductible from taxable turnover under Section 27 to the extent the goods were sold in the course of inter-State trade or commerce. The statutory scheme treated inter-State sales as outside the State's taxing power, and Section 27 expressly excluded such purchase turnover for goods in Schedule D when resold during the year. The court rejected the argument that this produced a double benefit, holding that the taxable turnover remained the intra-State purchase turnover and the inter-State sale itself could not be taxed by the State. en-us Thu, 15 Jul 2010 00:00:00 +0530 Tue, 26 May 2026 16:45:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164967 Purchase turnover of declared goods liable to tax at the stage of last purchase under the State Act was deductible from taxable turnover under Section 27 to the extent the goods were sold in the course of inter-State trade or commerce. The statutory scheme treated inter-State sales as outside the State's taxing power, and Section 27 expressly excluded such purchase turnover for goods in Schedule D when resold during the year. The court rejected the argument that this produced a double benefit, holding that the taxable turnover remained the intra-State purchase turnover and the inter-State sale itself could not be taxed by the State. Case-Laws VAT / Sales Tax Thu, 15 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164967