Supreme Court · 1968 INSC 199 · Decided 20 August 1968
State of Madras v. M/S. K. C. P. LTD.
- Court
- Supreme Court of India
- Citation
- 1968 INSC 199 · [1969] 1 S.C.R. 778
- Case number
- CIVIL APPEAL No. 731/1966
- Decided
- 20 August 1968
- Bench
- J.C. SHAH, V. RAMASWAMI, A.N. GROVER (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
v. MIS. K. C. P. LTD. A ug11st 20, 1968 [J. C. SHAii V. RAMASWAMI AND A. N. GROVER. JJ.] Central Sales Tax Act LXX/V. of 1956-Ss. 2(b) and 9(3)-Assessee engaged in 111anufact11re and salt• of nuichinery parts-Purc:/lasing fur­ naces for irs foundry----011 their being found 1111sui1ab/e of machinciry etc. For its manufacturing activities, it maintained a foundry and in 1952 it purchased two arc furnaces for use in this foundry. As the furnaces were found unsuitable they wcr~ sold to a purchaser at a profit. For the assc~nmcnt year 1958- 59 the s;de.s tax a.'scssing authorities
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