https://www.taxtmi.com/caselaws?id=368846 The reassessment levying 12% tax on turnover from old conveyor belts purchased from the Tamil Nadu Electricity Board was unsustainable because the departmental clarification treated such sales as exempt second sales up to 30.06.2002 and taxable only at 1% resale tax from 01.07.2002. Applying the single-point levy principle, the goods could not be taxed at the original point or again at a subsequent point once the State had fixed one taxable point and granted exemption at that stage. The assessee's earlier assessments had been accepted on the same basis, so the later reassessment departing from that position without justification was set aside, along with the appellate order. en-us Tue, 07 Aug 2018 00:00:00 +0530 Tue, 16 Oct 2018 09:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368846 The reassessment levying 12% tax on turnover from old conveyor belts purchased from the Tamil Nadu Electricity Board was unsustainable because the departmental clarification treated such sales as exempt second sales up to 30.06.2002 and taxable only at 1% resale tax from 01.07.2002. Applying the single-point levy principle, the goods could not be taxed at the original point or again at a subsequent point once the State had fixed one taxable point and granted exemption at that stage. The assessee's earlier assessments had been accepted on the same basis, so the later reassessment departing from that position without justification was set aside, along with the appellate order. Case-Laws VAT and Sales Tax Tue, 07 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368846