https://www.taxtmi.com/caselaws?id=166345 For computing notional sales tax liability under rule 28A of the Haryana General Sales Tax Rules, 1975, sales made to Government Departments against form D certificates must be valued at the rate actually applicable to the transaction under the Act. The ceiling mechanism in the exemption scheme is designed to measure the real tax burden that would otherwise arise, not to assume the maximum possible rate regardless of the nature of the sale. The reasoning follows the earlier approved approach on exemption-related computation and supports assessment on the legally applicable rate rather than the highest statutory rate. en-us Thu, 09 Sep 2010 00:00:00 +0530 Wed, 24 Sep 2014 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166345 For computing notional sales tax liability under rule 28A of the Haryana General Sales Tax Rules, 1975, sales made to Government Departments against form D certificates must be valued at the rate actually applicable to the transaction under the Act. The ceiling mechanism in the exemption scheme is designed to measure the real tax burden that would otherwise arise, not to assume the maximum possible rate regardless of the nature of the sale. The reasoning follows the earlier approved approach on exemption-related computation and supports assessment on the legally applicable rate rather than the highest statutory rate. Case-Laws VAT and Sales Tax Thu, 09 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166345