Sale of goods when in bonded warehouse not exempt from CST

Commissioner of Sales Tax Vs Radhasons International (Bombay High Court)

Bombay High Court has held that sale made by transfer of documents while goods are in bonded warehouse would not qualify as exempt under Section 5(2) of the Central Sales Tax Act, relating to high sea sales. Observing that concept of crossing the customs frontiers of India is distinct from customs barriers of India, the High Court termed such sale as local sale.

FULL TEXT OF THE HIGH COURT ORDER / JUDGEPlease become a Premium member. If you are already a Premium member, login here to access the full content.