https://www.taxtmi.com/caselaws?id=100727 Cloth supplied by a syndicate to its members on payment was treated as a sale under the U.P. Sales Tax Act, 1948. Applying section 2(h) to the facts found by the High Court, the transactions were predominantly for cash, there was no element of compulsion, the price matched the retail price, and the syndicate and its members were regarded as distinct entities. The contention that the syndicate and its members formed one entity was not accepted at the appellate stage because there was no adequate factual foundation. The tax treatment therefore followed the existence of a sale. en-us Wed, 05 Feb 1969 00:00:00 +0530 Wed, 18 Sep 2013 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100727 Cloth supplied by a syndicate to its members on payment was treated as a sale under the U.P. Sales Tax Act, 1948. Applying section 2(h) to the facts found by the High Court, the transactions were predominantly for cash, there was no element of compulsion, the price matched the retail price, and the syndicate and its members were regarded as distinct entities. The contention that the syndicate and its members formed one entity was not accepted at the appellate stage because there was no adequate factual foundation. The tax treatment therefore followed the existence of a sale. Case-Laws VAT and Sales Tax Wed, 05 Feb 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100727