https://www.taxtmi.com/caselaws?id=127176 Amounts received as damages or recoveries for goods lost in transit could not be included in taxable turnover because there was no transfer of property to the railway or any other party. The levy applied only to sales, and in the absence of a sale no sales tax could arise. The loss of goods gave rise only to an actionable claim, which was outside the definition of goods. Accordingly, the recovery for the lost goods was not liable to sales tax. en-us Wed, 23 Apr 1952 00:00:00 +0530 Wed, 27 Feb 2013 18:32:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127176 Amounts received as damages or recoveries for goods lost in transit could not be included in taxable turnover because there was no transfer of property to the railway or any other party. The levy applied only to sales, and in the absence of a sale no sales tax could arise. The loss of goods gave rise only to an actionable claim, which was outside the definition of goods. Accordingly, the recovery for the lost goods was not liable to sales tax. Case-Laws VAT and Sales Tax Wed, 23 Apr 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127176