Exide Industries Ltd. vs State of Maharashtra and Ors.
Indirect Taxation – Levy of Sales Tax – Exemption -Word ‘sale’ appearing in S. 5(3) of CST cannot be construed to mean an ‘agreement to sell’, said word refers to completed sale as defined in S. 2(g) of CST. -Petitioner agreed to sell Submarine Navy Batteries to M/s Crown which subsequently exported to Algerian Navy – Section 5 of Central Sales Tax Act, 195 [LexDoc Id : 465702]
Parisons Agrotech (P) Ltd. vs State of Kerala
Kerala General Sales Tax Act 1963: Powers of revision of board of revenue suo motu-Revision of assessment order subsequent to invalidation of 'F' forms being intimated, Order prejudicial to revenue interest, Exercise of power under s.37 justified-Assessment was completed granting exemption to a substantial turnover on the basis that there was no interstate sale and the matter was covered by 'F' [LexDoc Id : 472834]
