2002 (7) TMI 514 - SCH - VAT and Sales Tax

Benefit of section 5(3) of the Central Act - Held that - Appeal dismissed. In the instant case what is purchased by the appellant are raw hides and skins and it is not the same goods which are exported. Those raw hides and skins are then processed and it is the dressed hides and skins which are exported. Therefore section 5(3) will have no application.

Summary

The Supreme Court of India dismissed the appellant's appeal regarding the purchase of raw hides and skins, which were processed into dressed hides and skins for export. The court ruled that Section 5(3) of the Central Act does not apply as the exported goods had undergone transformation, differing from the purchased raw materials. (Case citation: 2002 (7) TMI 514 - SC)