https://www.taxtmi.com/caselaws?id=406076 The High Court overturned the Tribunal's decision disallowing exemption claimed on high sea sales by M/s. Plastic Sales Corporation under the CST Act, 1956. The Court upheld the First Appellate Authority's ruling, emphasizing proper documentation of high sea sale transactions. Additionally, the Court clarified the interpretation of Bills of Lading as documents of title, aligning with previous judgments and statutory definitions. The conflict between the Tribunal and the First Appellate Authority was resolved in favor of the latter, highlighting the significance of factual findings and legal interpretations in such disputes. en-us Fri, 26 Mar 2021 00:00:00 +0530 Fri, 30 Apr 2021 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406076 The High Court overturned the Tribunal's decision disallowing exemption claimed on high sea sales by M/s. Plastic Sales Corporation under the CST Act, 1956. The Court upheld the First Appellate Authority's ruling, emphasizing proper documentation of high sea sale transactions. Additionally, the Court clarified the interpretation of Bills of Lading as documents of title, aligning with previous judgments and statutory definitions. The conflict between the Tribunal and the First Appellate Authority was resolved in favor of the latter, highlighting the significance of factual findings and legal interpretations in such disputes. Case-Laws VAT and Sales Tax Fri, 26 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406076