HC affirms disallowance of resale-exemption claim as assessee held trade mark in respect of goods so

CST & VAT: Maharashtra VAT - Where assessee, a manufacturer of motor vehicles, sold a chassis to its dealer and later it purchased said chassis from dealer and thereafter it sold chassis on hire purchase basis to a customer, Tribunal was justified in disallowing re-sale claim of assessee on ground that it held trade mark in respect of chassis sold to customer and further amount of hire purchase premium would form part of sale price