1959 (4) TMI 17 - HC - VAT and Sales Tax

Summary

The High Court of Madras ruled that in a business transfer of ball bearings, both the transferor and transferee are liable for sales tax dues. A distress warrant should be issued to the transferor first, and only if the amount cannot be recovered from them, should the transferee be pursued. The Fifth Presidency Magistrate in Madras will issue the distress warrant accordingly. (Case Citation: 1959 (4) TMI 17 - MADRAS HIGH COURT)