https://www.taxtmi.com/caselaws?id=250307 Concurrent factual findings based on the assignment deed, purchase particulars and invoices showed that the assets were bought from a registered dealer and later transferred to another registered dealer, so no tax liability arose on the resale; the court treated this as a factual determination and found no substantial question of law. The claim for set-off on steam under Rule 42 of the Gujarat Sales Tax Rules, 1970 was allowed because the binding precedent in Ami Pigments governed the issue, and steam used in manufacture was treated as processing material eligible for credit. The challenge to the Tribunal's order therefore failed and the assessee's relief was sustained on both issues. en-us Fri, 02 May 2014 00:00:00 +0530 Fri, 08 Aug 2014 09:10:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250307 Concurrent factual findings based on the assignment deed, purchase particulars and invoices showed that the assets were bought from a registered dealer and later transferred to another registered dealer, so no tax liability arose on the resale; the court treated this as a factual determination and found no substantial question of law. The claim for set-off on steam under Rule 42 of the Gujarat Sales Tax Rules, 1970 was allowed because the binding precedent in Ami Pigments governed the issue, and steam used in manufacture was treated as processing material eligible for credit. The challenge to the Tribunal's order therefore failed and the assessee's relief was sustained on both issues. Case-Laws VAT and Sales Tax Fri, 02 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250307