https://www.taxtmi.com/caselaws?id=766337 The AP HC ruled that under the A.P. VAT Act, alcohol sales are taxable only at the point of first sale between the state corporation and the petitioner. Subsequent sales by the petitioner to customers are not taxable. The court held that the entire turnover of Rs. 4.54 crores from alcohol sales must be excluded from taxable turnover, leaving only Rs. 1.02 crores from food sales, which falls below the threshold for higher tax rates. The matter was remanded to the assessing authority to pass fresh assessment orders excluding the alcohol turnover. Petition partly allowed by way of remand. en-us Thu, 20 Feb 2025 00:00:00 +0530 Sat, 22 Feb 2025 08:45:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766337 The AP HC ruled that under the A.P. VAT Act, alcohol sales are taxable only at the point of first sale between the state corporation and the petitioner. Subsequent sales by the petitioner to customers are not taxable. The court held that the entire turnover of Rs. 4.54 crores from alcohol sales must be excluded from taxable turnover, leaving only Rs. 1.02 crores from food sales, which falls below the threshold for higher tax rates. The matter was remanded to the assessing authority to pass fresh assessment orders excluding the alcohol turnover. Petition partly allowed by way of remand. Case-Laws VAT / Sales Tax Thu, 20 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766337