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1971 (11) TMI 142 - SUPREME COURTWhether the turnover of Rs. 3,87,200 estimated to be the value of the stock of mill cloth held by the appellant on December 14, 1957, was exigible to tax? Held that:- Appeal dismissed. The limitation on the power of the Legislature of Mysore in 1964 when it enacted Act No. 9 of 1964 was that on the sale of declared goods it could not have imposed sales tax at a rate higher than that specified in section 15 of the Central Sales Tax Act as it stood then. There was no limitation on its power to impose tax on the turnover of sales of textiles before April 1, 1958, when they were not declared goods.
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