1998 (2) TMI 576 - HC - VAT and Sales Tax

Summary

The High Court of Andhra Pradesh dismissed the Tax Revision Case (T.R.C.) filed by the Revenue against the Sales Tax Appellate Tribunal's order. The case involved the Industrial Finance Corporation of India disputing the turnover related to hire charges received for delivery of machinery. The Tribunal held that the turnover constituted deemed inter-State sales and was not taxable under the Andhra Pradesh General Sales Tax Act. The judgment referenced a previous case and upheld the Tribunal's decision.