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PETITIONER: M/S. TUNGABHADRA INDUSTRIES LTD.
Vs.
RESPONDENT: THE COMMERCIAL TAX OFFICER, KURNOOL.
DATE OF JUDGMENT: 18/10/1960
BENCH: AYYANGAR, N. RAJAGOPALA BENCH: AYYANGAR, N. RAJAGOPALA DAS, S.K. HIDAYATULLAH, M. GUPTA, K.C. DAS SHAH, J.C.
CITATION: 1961 AIR 412 1961 SCR (2) 14 CITATOR INFO : R 1964 SC1372 (3,12,13) RF 1974 SC1362 (5) R 1978 SC 945 (13,15) R 1978 SC1496 (12) RF 1980 SC1227 (6) D 1981 SC1649 (13) E&R 1985 SC1293 (84) RF 1989 SC 516 (17,18) C 1989 SC1316 (13) F 1990 SC 27 (7)
ACT: Sales Tax--Hydrogenated groundnut oil (Vanaspati), if groundnut oil--Madras General Sales Tax (Turnover and Assessment) Rules, 1939, rr. 4, 5 and 18.
HEADNOTE: The appellant purchased groundnuts out of which it manu- factured groundnut oil ; it also refined the oil and hydrogenated it converting it into Vanaspati. It sold the oil in all the three states. Under the Madras General Sales Tax Act, 1939, and the Turnover and Assessment Rules, for determining the taxable turnover the appellant was entitled to deduct the purchase price of the groundnuts from the proceeds of the sale of all groundnut oil. The High Court held that the appellant was entitled to the deduction in respect of the sales of unrefined and refined groundnut oil but not in respe...