https://www.taxtmi.com/caselaws?id=330791 Purchase tax under Section 3-AAAA was not exigible on timber bought on commission for ex-U.P. principals where the Tribunal noted that the resale had inter-State character and the statutory proviso exempted goods resold in inter-State trade or commerce in the same form and condition. Rejection of the books of account was also unjustified because the assessing authority found the records produced, scrutinised, and supported by verified sales and purchases, with no adverse material to discredit them. The assessment and appellate orders were set aside, and refund of the amount deposited under the interim order followed in accordance with law. en-us Thu, 28 Jul 2016 00:00:00 +0530 Fri, 05 Aug 2016 17:27:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330791 Purchase tax under Section 3-AAAA was not exigible on timber bought on commission for ex-U.P. principals where the Tribunal noted that the resale had inter-State character and the statutory proviso exempted goods resold in inter-State trade or commerce in the same form and condition. Rejection of the books of account was also unjustified because the assessing authority found the records produced, scrutinised, and supported by verified sales and purchases, with no adverse material to discredit them. The assessment and appellate orders were set aside, and refund of the amount deposited under the interim order followed in accordance with law. Case-Laws VAT and Sales Tax Thu, 28 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330791