Case Law Details
Case Name : Sunrise Foods Private Limited Vs Assistant Commissioner (CT) (FAC) (Madras High Court)
Related Assessment Year :
Courts :
All High Courts Madras High Court
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Sunrise Foods Private Limited Vs Assistant Commissioner (CT) (FAC) (Madras High Court)
Conclusion: Liability of Purchase Tax under Section 12 of the Tamil Nadu Value-added Tax Act, 2006 was not attracted in case assessee’s turnover was also below Rs. 300 Crores during the year.
Held: Assessee, a dealer of turmeric had locally purchased turmeric from various registered/unregistered dealers without payment of tax as their turnover were reportedly below Rs.300 crores during the respective assessment year and were therefore exempted under Section 15 read with Item 18, Part B, 4th Schedule of...
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Sir,
This decision is against the High court Madras decision in Tax Case (Revision) Nos. 3, 4 & 5 of 2015THE HONOURABLE MR.JUSTICE T.S.SIVAGNANAM
and
THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR DATED : 06.12.2018 . Since this decision is a bench decision this is being followed by the department.