https://www.taxtmi.com/caselaws?id=104922 Ship-building contracts were treated as sales, not works contracts, because the builder supplied the materials, machinery, equipment and labour, constructed a completed vessel for an agreed price, and intended property to pass only on completion and delivery. Phased payments were characterised as instalments of the contract price rather than separate payments for materials. Clauses on title, risk, insurance, rejection, default and delivery confirmed that the vessel was to pass to the buyer only when completed in a deliverable state. Applying the distinction between sale and works contract and the rules on intention and passing of property in specific goods, the transactions were held exigible to sales tax. en-us Thu, 20 Jul 2000 00:00:00 +0530 Tue, 07 Oct 2025 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104922 Ship-building contracts were treated as sales, not works contracts, because the builder supplied the materials, machinery, equipment and labour, constructed a completed vessel for an agreed price, and intended property to pass only on completion and delivery. Phased payments were characterised as instalments of the contract price rather than separate payments for materials. Clauses on title, risk, insurance, rejection, default and delivery confirmed that the vessel was to pass to the buyer only when completed in a deliverable state. Applying the distinction between sale and works contract and the rules on intention and passing of property in specific goods, the transactions were held exigible to sales tax. Case-Laws VAT / Sales Tax Thu, 20 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104922