https://www.taxtmi.com/caselaws?id=167881 Under the deferment incentive scheme for sales tax, the eligibility certificate fixed base production and base sales volume, and the petitioner was bound by paragraph 5.3 after accepting the certificate and connected agreement. The scheme was designed to protect past revenue and to confine deferral benefits to increased production and sales, so branch transfers, consignment sales and export sales could not be included in turnover for computing the qualifying base. The impugned condition was therefore valid, and repayment of deferral wrongly availed was sustained. en-us Thu, 26 Apr 2012 00:00:00 +0530 Thu, 08 Jan 2015 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167881 Under the deferment incentive scheme for sales tax, the eligibility certificate fixed base production and base sales volume, and the petitioner was bound by paragraph 5.3 after accepting the certificate and connected agreement. The scheme was designed to protect past revenue and to confine deferral benefits to increased production and sales, so branch transfers, consignment sales and export sales could not be included in turnover for computing the qualifying base. The impugned condition was therefore valid, and repayment of deferral wrongly availed was sustained. Case-Laws VAT and Sales Tax Thu, 26 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167881