https://www.taxtmi.com/caselaws?id=101798 Transactions between a wholesale dealer and retail licence-holders were treated as sales where, despite strict excise regulation and fixed pricing, the parties still retained sufficient consensual freedom over material commercial terms such as quantity, supply mode and package size. The transactions were therefore liable to sales tax against the assessee. The Court also held that retrospective levy of sales tax under a validating ordinance was legally permissible; the absence of actual collection from customers did not defeat liability once the levy was validly imposed with retrospective effect. The assessment was upheld and the High Court's quashing order was set aside. en-us Fri, 16 Mar 1979 00:00:00 +0530 Sat, 25 Apr 2020 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101798 Transactions between a wholesale dealer and retail licence-holders were treated as sales where, despite strict excise regulation and fixed pricing, the parties still retained sufficient consensual freedom over material commercial terms such as quantity, supply mode and package size. The transactions were therefore liable to sales tax against the assessee. The Court also held that retrospective levy of sales tax under a validating ordinance was legally permissible; the absence of actual collection from customers did not defeat liability once the levy was validly imposed with retrospective effect. The assessment was upheld and the High Court's quashing order was set aside. Case-Laws VAT and Sales Tax Fri, 16 Mar 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101798