1998 (2) TMI 576

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..... he Revenue against the order of the Sales Tax Appellate Tribunal, Hyderabad in T.A. No. 527 of 1994. 2.. The assessee is Industrial Finance Corporation of India. It is engaged in industrial financing and leasing and the disputed turnover relates to issue of rental brought to tax under section 5-E of the Andhra Pradesh General Sales Tax Act, 1957, by the Commercial Tax Officer. The Appellate Depu .....

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..... under the Andhra Pradesh General Sales Tax Act. Aggrieved by the order of Tribunal, the Revenue filed the present revision. 3.. The issue involved in this case is covered by a judgment of this Court in Gannon Dunkerley & Co. v. Government of Andhra Pradesh [1997] 105 STC 227; (1996) 23 APSTJ 195. A Bench consisting of Justice M.N. Rao as he then was and Justice T.N.C. Rangarajan one of us, relyi .....

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..... m other States and used in the execution of works contract' as not applicable to such transactions which are assessed to the Central Sales Tax Act in the other States and in respect of which 'C' forms have been issued by the contractee." The finding of the Tribunal is that the deemed sales are inter-State sales. In view of the finding of the Tribunal, the principle laid down by the Supreme Court .....

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