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Telangana HC Upholds Audio Cassettes Sales Tax Benefit; Unrescinded Notification Prevails
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AdvertisementState of Andhra Pradesh Vs Mayuri Film Distributors (Telangana High Court) The Telangana High Court heard a Tax Revision Case filed by the Revenue challenging the order dated 09.02.2010 passed by the Sales Tax Appellate Tribunal (STAT) in TA No.143 of 2005.
The respondent/assessee, M/s.
Mayuri Film Distributors, was a registered dealer engaged in distribution of audio cassettes.
For the assessment year 2000-01, the Commercial Tax Officer (CTO) initially proposed to levy tax on sales of audio cassettes at 12% under Section 5AA by treating the assessee as the trademark holder of “Mayuri.”