TMI BlogSTOCK TRANSFERS UNDER THE CST ACT.X X X X Extracts X X X X X X X X Extracts X X X X ..... Sir The assessing authority while concluding the reassessment under Section 6A of the CST Act,1956 ,based on the Enforcement Report, has determined the stock transfer as interstate sales under Section 3A of the Act, without establishing conceivable links between the alleged transactions in terms of the Hon'ble Apex Court constitutional bench judgement rendered in TELCO case reprted in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1970 AIR 1281 = 1970 (3) TMI 104 - SUPREME COURT . Now the question is, in the event of the dealer getting the copies of the adverse materials so used as the only basis for reopening the concluded assessment,whether the dealer is entitled to cross-examine the impugned statements recorded during investigation and other related documents to prove the genuineness of his stock transfers? What is t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he procedure of cross-examination? What are its implications?Please enlighten by providing the recent and relevant judicial rulings on these issues. - Reply By Sadanand Bulbule - The Reply = May I request our experts to clarify the issue at the earliest please? - Reply By YAGAY andSUN - The Reply = If it was a pre-conceived sale then only stock transfer can be treated at par with the CST Sale ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s under form F , otherwise not. Please clear the facts of this matter. - Reply By Sadanand Bulbule - The Reply = Sir, Thank you so much for your clarification. - STOCK TRANSFERS UNDER THE CST ACT. - Query Started By: - Sadanand Bulbule Dated:- 31-5-2019 Value Added Tax - VAT-CST - Got 3 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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