https://www.taxtmi.com/caselaws?id=127797 Transactions in which ornaments were made from the dealers' own gold, with equivalent gold later returned by customers, were treated as job work rather than sales under the Bombay Sales Tax Act, 1953. The decisive factors were that only majuri or labour was charged, accounts were maintained in gold weight, no sale price was fixed or billed, and the gold was not treated as sold goods. As the arrangement involved labour charges and return of equivalent gold without transfer for price or valuable consideration, it did not constitute a sale. On that basis, the dealers could not be treated as dealers for these transactions. en-us Thu, 23 Jul 1959 00:00:00 +0530 Sat, 16 Mar 2013 17:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127797 Transactions in which ornaments were made from the dealers' own gold, with equivalent gold later returned by customers, were treated as job work rather than sales under the Bombay Sales Tax Act, 1953. The decisive factors were that only majuri or labour was charged, accounts were maintained in gold weight, no sale price was fixed or billed, and the gold was not treated as sold goods. As the arrangement involved labour charges and return of equivalent gold without transfer for price or valuable consideration, it did not constitute a sale. On that basis, the dealers could not be treated as dealers for these transactions. Case-Laws VAT and Sales Tax Thu, 23 Jul 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127797