https://www.taxtmi.com/caselaws?id=104075 Transactions under the scheme were treated as sales because a sale requires an agreement to transfer title in goods for money consideration, with property actually passing to the buyer. An implied contract could be inferred from the correspondence, scheme structure, receipt of money, and eventual delivery of the goods. Although the arrangement was circuitous and used coupons, its commercial effect was a sale of goods for price rather than barter or a mere promotional device, and the transactions were therefore liable to assessment under the Tamil Nadu General Sales Tax Act, 1959. en-us Fri, 04 Oct 1996 00:00:00 +0530 Wed, 04 Sep 2013 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104075 Transactions under the scheme were treated as sales because a sale requires an agreement to transfer title in goods for money consideration, with property actually passing to the buyer. An implied contract could be inferred from the correspondence, scheme structure, receipt of money, and eventual delivery of the goods. Although the arrangement was circuitous and used coupons, its commercial effect was a sale of goods for price rather than barter or a mere promotional device, and the transactions were therefore liable to assessment under the Tamil Nadu General Sales Tax Act, 1959. Case-Laws VAT and Sales Tax Fri, 04 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104075