https://www.taxtmi.com/caselaws?id=104293 The case involved a dispute over whether forfeited deposit amounts should be considered as part of sales realizations and taxed, and whether a transaction regarding beer bottles constituted a sale or bailment. The court determined that the transaction was a sale based on various factors, including the absence of communicated terms for deposit repayment to customers and the equal rate of deposit to bottle cost. Consequently, the forfeited amount was deemed subject to sales tax. The appeal was dismissed, affirming the liability for sales tax on the forfeited amount. en-us Mon, 15 Sep 1997 00:00:00 +0530 Tue, 03 Sep 2013 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104293 The case involved a dispute over whether forfeited deposit amounts should be considered as part of sales realizations and taxed, and whether a transaction regarding beer bottles constituted a sale or bailment. The court determined that the transaction was a sale based on various factors, including the absence of communicated terms for deposit repayment to customers and the equal rate of deposit to bottle cost. Consequently, the forfeited amount was deemed subject to sales tax. The appeal was dismissed, affirming the liability for sales tax on the forfeited amount. Case-Laws VAT and Sales Tax Mon, 15 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104293