https://www.taxtmi.com/caselaws?id=100907 A hire-purchase arrangement involves bailment until the hirer exercises the option to purchase and completes the contractual terms; only then does a taxable sale arise because the sale of goods depends on passing of property after fulfilment of the agreement. Where that completed sale occurs within a State's territory, the State may validly levy sales tax on the transaction, even if earlier dealings occurred elsewhere. A constitutional challenge to the taxing provision may be pursued under Article 32 where ultra vires is alleged. en-us Wed, 01 May 1974 00:00:00 +0530 Mon, 21 Jul 2014 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100907 A hire-purchase arrangement involves bailment until the hirer exercises the option to purchase and completes the contractual terms; only then does a taxable sale arise because the sale of goods depends on passing of property after fulfilment of the agreement. Where that completed sale occurs within a State's territory, the State may validly levy sales tax on the transaction, even if earlier dealings occurred elsewhere. A constitutional challenge to the taxing provision may be pursued under Article 32 where ultra vires is alleged. Case-Laws VAT and Sales Tax Wed, 01 May 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100907