High Court Rules on CST Act Section 5(2) Exemption for High Sea Sales; Bill of Lading Not Sole Requirement.

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....Disallowance of exemption under Section 5(2) of the CST - high sea sales - disallowance on the ground that same was not supported by documentary evidence - Bill of lading is not the only way of transfer of title and it can also be done by even handing over the Bill of Lading to the customers. - Claim of assessee allowed - HC....