1982 (1) TMI 180

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....ame and style of Messrs. Amin Lal Ishar Ram at Jaitu Mandi. It deals in the sales of foodgrains and oil-seeds along with other commodities. The petitioner's case for assessment pertaining to the assessment year 1969-70 came up for consideration before respondent No. 2, i.e., the Excise and Taxation Officer (Assessing Authority), Faridkot, on 19th January, 1973. The petitioner claimed deductions o....

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....yal, the learned counsel for the petitioner, canvassed that the petitioner-firm could not be assessed under the the second proviso to section 5(2)(a)(ii) of Punjab General Sales Tax Act as the foodgrains and oil-seeds had been sent on consignment basis and, thus, were not the sales. I do not find any merit in this contention. It is true that the goods sent on consignment basis are not sales, but a....