1982 (1) TMI 180 - HC - VAT and Sales Tax

Summary

The petitioner, a partnership concern dealing in foodgrains and oil-seeds, was assessed for the year 1969-70. The Assessing Authority disallowed deductions claimed on sales of foodgrains and oil-seeds sent outside Punjab on consignment basis. The High Court upheld the assessment, stating that the petitioner misused its registration certificate to evade taxes. The petition was dismissed with no costs.