https://www.taxtmi.com/caselaws?id=165981 Section 5(2) of the Kerala General Sales Tax Act targets the real sale of branded goods by the brand name holder to the market, and a transfer between group entities may be treated as part of that taxable sale where the facts show common family control and a tax-reduction device. On the materials disclosed, including the affidavit filed after withdrawal of the SLP, the Court found no error warranting reopening of the earlier assessment. The review challenge to the assessment therefore failed on merits, and the assessment under section 5(2) was left undisturbed with costs. en-us Tue, 16 Aug 2011 00:00:00 +0530 Sat, 13 Sep 2014 22:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165981 Section 5(2) of the Kerala General Sales Tax Act targets the real sale of branded goods by the brand name holder to the market, and a transfer between group entities may be treated as part of that taxable sale where the facts show common family control and a tax-reduction device. On the materials disclosed, including the affidavit filed after withdrawal of the SLP, the Court found no error warranting reopening of the earlier assessment. The review challenge to the assessment therefore failed on merits, and the assessment under section 5(2) was left undisturbed with costs. Case-Laws VAT and Sales Tax Tue, 16 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165981