https://www.taxtmi.com/caselaws?id=148251 Sales of unread newspapers were treated as sales in the course of import because transfer of the documents of title could be proved by delivery, and formal endorsement on the documents was not essential for validity. The assessee therefore succeeded on that item. Sale proceeds realised by banks from pledged goods were included in the assessee's chargeable turnover because a pledgee selling under section 176 of the Indian Contract Act, 1872 exercises a statutory power of sale, yet the sale remains on behalf of the pledger as ownership is not divested by the pledge. That inclusion was upheld. en-us Tue, 18 Jul 1967 00:00:00 +0530 Mon, 21 Jul 2014 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148251 Sales of unread newspapers were treated as sales in the course of import because transfer of the documents of title could be proved by delivery, and formal endorsement on the documents was not essential for validity. The assessee therefore succeeded on that item. Sale proceeds realised by banks from pledged goods were included in the assessee's chargeable turnover because a pledgee selling under section 176 of the Indian Contract Act, 1872 exercises a statutory power of sale, yet the sale remains on behalf of the pledger as ownership is not divested by the pledge. That inclusion was upheld. Case-Laws VAT and Sales Tax Tue, 18 Jul 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148251