M/S PEEKAY RE-ROLLING MILLS(P) LTD. vs THE ASST.COMMISSIONER

The Supreme Court upheld the Kerala High Court's dismissal of the appellant's writ appeals challenging show cause notices issued under the Kerala General Sales Tax Act, 1963. The Court clarified that the notices were valid as the appellant's purchases of steel ingots, which were exempt from sales tax, were still liable for purchase tax under Section 5A of the State Act. The Court affirmed the lower courts' findings that the appellant's turnover had escaped assessment, thereby confirming the tax liability.