https://www.taxtmi.com/caselaws?id=102309 Supplies made under a statutory control regime may still constitute a sale for sales tax purposes where property in goods passes for consideration. The Supreme Court applied the principle in Vishnu Agencies and held that restrictions on bargaining power or freedom of contract under the Essential Commodities Act and the relevant licensing order do not, by themselves, negate the legal character of a sale. On that basis, wheat product transactions made against permits issued by the licensing authority were treated as sales within the Punjab General Sales Tax Act and were held liable to tax. en-us Mon, 08 Jul 1985 00:00:00 +0530 Thu, 12 Sep 2013 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102309 Supplies made under a statutory control regime may still constitute a sale for sales tax purposes where property in goods passes for consideration. The Supreme Court applied the principle in Vishnu Agencies and held that restrictions on bargaining power or freedom of contract under the Essential Commodities Act and the relevant licensing order do not, by themselves, negate the legal character of a sale. On that basis, wheat product transactions made against permits issued by the licensing authority were treated as sales within the Punjab General Sales Tax Act and were held liable to tax. Case-Laws VAT and Sales Tax Mon, 08 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102309