https://www.taxtmi.com/caselaws?id=391676 The High Court ruled in favor of the Assessee by overturning the Tribunal's decision on various issues under the C.S.T. Act. The Court held that Branch/Stock/Consignment transfers were not taxable as inter-state sales due to lack of evidence. It also deleted the penalty levied for a wrong claim of exemption, remanded the assessment for rectification of defects in Form F declaration, disallowed the claim for consignment sales under Section 6A, and emphasized the necessity of a pre-existing contract for inter-state sales under the Central Sales Tax Act. en-us Wed, 08 Jan 2020 00:00:00 +0530 Tue, 04 Feb 2020 08:35:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391676 The High Court ruled in favor of the Assessee by overturning the Tribunal's decision on various issues under the C.S.T. Act. The Court held that Branch/Stock/Consignment transfers were not taxable as inter-state sales due to lack of evidence. It also deleted the penalty levied for a wrong claim of exemption, remanded the assessment for rectification of defects in Form F declaration, disallowed the claim for consignment sales under Section 6A, and emphasized the necessity of a pre-existing contract for inter-state sales under the Central Sales Tax Act. Case-Laws VAT and Sales Tax Wed, 08 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391676