Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + SC VAT and Sales Tax - 1997 (3) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1997 (3) TMI 513 - SC - VAT and Sales TaxWhether, the purchases of African raw cashewnuts made by the assessees from the Cashew Corporation of India are in the course of import and, therefore immune from liability to tax under the Kerala General Sales Tax Act, 1963? Held that:- Appeal allowed. Since there is a direct and inseverable link between the transaction of sale and the import of goods on account of the nature of the understanding between the parties as also by reason of the canalising scheme pertaining to the import of cashewnuts, the sales in question cannot be taxed under the Kerala General Sales Tax Act or the Karnataka Sales Tax Act, as the case may be.
|