Supreme Court of India
Indian Oil Corporation Ltd. v. State of Assam and Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Sales Tax: Assam General Sales Tax Act, 1993-Explns. I & If to s.8(1) rlw Rule 12 of the Assam General Sales Tax Rules, 1993-Appellant-company, registered dealer under the Act, purchased petroleum products from a Refinery & Petrochemicals company (BRPL) on payment of sales tax and thereafter re-sold the same at prices f u:ed by the Central Government-Dispute regarding liability of Appellant to pay sales tax-Held: Re-sale by appellant was to be treated as first sale within the meaning of the Act r!w the Rules since the re sale price exceeded purchase price by more than 40'Ya-However, as…
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.