https://www.taxtmi.com/caselaws?id=127573 Despatches of bidis under the agreement were held to constitute sales for purposes of the C.P. and Berar Sales Tax Act, 1947, because the substance of the arrangement showed a transfer of property in goods for valuable consideration. The bidis were debited to the consignee's account on despatch, the price was realised later, the assessee retained vendor-like rights, and the consignee bore the position of a buyer rather than a true agent. The contractual incidents, including control of rates and no obligation to return unsold stock, showed that property passed on despatch. The sales were therefore taxable under the statutory deeming provision, and the Revenue's contention succeeded. en-us Mon, 15 Jul 1957 00:00:00 +0530 Tue, 12 Mar 2013 13:25:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127573 Despatches of bidis under the agreement were held to constitute sales for purposes of the C.P. and Berar Sales Tax Act, 1947, because the substance of the arrangement showed a transfer of property in goods for valuable consideration. The bidis were debited to the consignee's account on despatch, the price was realised later, the assessee retained vendor-like rights, and the consignee bore the position of a buyer rather than a true agent. The contractual incidents, including control of rates and no obligation to return unsold stock, showed that property passed on despatch. The sales were therefore taxable under the statutory deeming provision, and the Revenue's contention succeeded. Case-Laws VAT and Sales Tax Mon, 15 Jul 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127573