State Of Haryana & Ors vs Indian Oil Corp. Ltd

The Supreme Court granted leave and allowed the Civil Appeal filed by M/S Indian Oil Corporation Limited, which challenged the assessment order under the Central Sales Tax Act, 1956. The Court held that the movement of High Speed Diesel and Superior Kerosene Oil from Paradeep Port, Orissa to Haldia Port, West Bengal constituted a stock transfer rather than an inter-State sale, as the ownership remained with the appellant-corporation. The Court emphasized the importance of proper documentation, such as Form-F, in establishing the nature of the transaction.