1980 (9) TMI 264

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Tax Appellate Tribunal, Madras, dated 25th January, 1978. For the assessment year 1975-76, the petitioners returned a total and taxable turnover of Rs. 1,08,29,979 and Rs. 1,03,46,238 respectively. The joint Commercial Tax Officer included the purchase turnover of old jewels and determined the taxable turnover at Rs. 1,48,04,673 and levied tax on the purchase turnover at 1 per cent. The Appellate ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 3 or 4 or 5 of the Act. The bullion purchased by the appellants have been melted and (they have) gone into the manufacture of new jewels. Therefore, the appellants are liable to tax on the purchase turnover of bullion under section 7-A of the Act and the authorities have rightly assessed the turnover to tax. The assessment is therefore confirmed. It is the correctness of this conclusion of the T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....l continued to be gold jewellery. According to the learned counsel as per the judgment of the Supreme Court in Deputy Commissioner of Sales Tax (Law), Board of Revenue (Taxes), Ernakulam v. Pio Food Packers [1980] 46 STC 63 (SC), which dealt with section 5A(1)(a) to the Kerala General Sales Tax Act, 1963, corresponding to section 7-A(1)(a) of the Tamil Nadu General Sales Tax Act, 1959, all the thr....