1988 (9) TMI 334 - HC - VAT and Sales Tax

Summary

The High Court of Madhya Pradesh ruled in a reference under the Entry Tax Act that market value for entry tax assessment on arhitya should be the price paid to farmers plus commission, excluding sales tax and other taxes. The Tribunal's decision in favor of the assessee was upheld, citing a previous case precedent. The reference was answered in the affirmative.