https://www.taxtmi.com/caselaws?id=270214 The Bombay High Court examined the Maharashtra Purchase Tax on Sugarcane Act, 1962 and upheld the amended levy as constitutionally valid and within the State's legislative competence under Entry 54 of List II, read with Article 366(29A). It treated the taxable event as the purchase of sugarcane for manufacture of sugar, with the definition of purchase price operating only as the measure of tax. The Court also accepted transport and other pre-delivery expenditure as components of purchase price, reasoning that the legislature may adopt such items for computation of the levy. Individual assessees were left free to contest factual computation before the assessing authority. en-us Tue, 22 Dec 2015 00:00:00 +0530 Thu, 12 Jan 2017 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270214 The Bombay High Court examined the Maharashtra Purchase Tax on Sugarcane Act, 1962 and upheld the amended levy as constitutionally valid and within the State's legislative competence under Entry 54 of List II, read with Article 366(29A). It treated the taxable event as the purchase of sugarcane for manufacture of sugar, with the definition of purchase price operating only as the measure of tax. The Court also accepted transport and other pre-delivery expenditure as components of purchase price, reasoning that the legislature may adopt such items for computation of the levy. Individual assessees were left free to contest factual computation before the assessing authority. Case-Laws VAT and Sales Tax Tue, 22 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270214