https://www.taxtmi.com/caselaws?id=127552 An intermediary who merely brings a seller and purchaser together, negotiates price, and remits the proceeds after the bargain is concluded is treated as a broker, not a dealer or commission agent under a definition limited to persons carrying on business as principal or agent. The contract of sale was found to arise directly between the weaver and the purchaser, with the intermediary only facilitating the transaction. As the intermediary never obtained possession or dominion over the goods before completion of sale, billing in his shop name and incidental collection or remittance of money did not create tax liability as a dealer. en-us Fri, 30 Sep 1955 00:00:00 +0530 Tue, 12 Mar 2013 11:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127552 An intermediary who merely brings a seller and purchaser together, negotiates price, and remits the proceeds after the bargain is concluded is treated as a broker, not a dealer or commission agent under a definition limited to persons carrying on business as principal or agent. The contract of sale was found to arise directly between the weaver and the purchaser, with the intermediary only facilitating the transaction. As the intermediary never obtained possession or dominion over the goods before completion of sale, billing in his shop name and incidental collection or remittance of money did not create tax liability as a dealer. Case-Laws VAT and Sales Tax Fri, 30 Sep 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127552