1975 (3) TMI 111

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....cotton seeds, etc., with head office at Madurai and branches in various other places in this State. For the assessment year 1959-60, they reported a taxable turnover of Rs. 11,92,394.27 under the Central Sales Tax Act. On a check of the accounts, the assessing officer considered that a turnover of Rs. 7,45,140.97 relating to the sale of cotton which has not been included in the return is also liab....

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....a Mills at Salem and they have been assessed also under the Tamil Nadu General Sales Tax Act. The transaction, as seen from the order of the Tribunal, was effected in the following manner: The petitioners entered into contracts with up-country sellers for purchase of cotton. Ninety per cent of the value of the goods was payable against railway receipt. The up-country sellers sent the railway recei....

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....e Tamil Nadu General Sales Tax Act and had paid their tax, the petitioners are not liable to be assessed under the Central Sales Tax Act. The learned counsel contended that cotton being declared goods falling under section 14(ii) cannot be subjected to tax more than once under section 15 and that therefore the assessment in this case is not sustainable. We are wholly at a loss to understand this a....

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....sion in Loyal Textile Mills Ltd. v. State of Madras[1968] 21 S.T.C. 195. referred to by the learned counsel dealt with two transactions and the liability of the first and the second transactions. As we have said already, there is only one transaction in this case which was liable to be taxed under the Central Sales Tax Act in the hands of the petitioners. The decision in Deputy Commissioner of Agr....