1994 (11) TMI 393

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....ales Tax Act, 1957, is filed by the dealer-assessee. It purchases the jute for purposes of consumption in its mill. Jute is taxable at the point of last purchase in the State at the rate of 4 per cent of the turnover. The turnover of the petitioner-mill included last purchase of jute which was intended for consumption in the mill. It relates to the assessment year 1980-81. Against the assessment m....

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....essment is bad as the goods were in fact sold out in the next assessment year resulting in someone else being the last purchaser. We are afraid, we cannot accede to the contention of the learned counsel for the petitioner. The fact remains that the petitioner purchased the goods for purposes of consumption in the mill. Due to some supervening events, the petitioner sold the stock of jute in subseq....