https://www.taxtmi.com/caselaws?id=165997 A registered dealer purchasing taxable goods from an unregistered dealer is liable to purchase tax under section 3(2) of the Karnataka Value Added Tax Act, 2003 when the goods are used in the course of business. The provision does not apply to purchases for personal consumption, but it does apply where the goods support business activity. Here, goods acquired for self-development of flats and property were used as part of the dealer's property development business, so the statutory conditions for levy were satisfied. The Tribunal's contrary view was incorrect, and purchase tax was payable. en-us Thu, 04 Aug 2011 00:00:00 +0530 Sat, 13 Sep 2014 23:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165997 A registered dealer purchasing taxable goods from an unregistered dealer is liable to purchase tax under section 3(2) of the Karnataka Value Added Tax Act, 2003 when the goods are used in the course of business. The provision does not apply to purchases for personal consumption, but it does apply where the goods support business activity. Here, goods acquired for self-development of flats and property were used as part of the dealer's property development business, so the statutory conditions for levy were satisfied. The Tribunal's contrary view was incorrect, and purchase tax was payable. Case-Laws VAT and Sales Tax Thu, 04 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165997