https://www.taxtmi.com/caselaws?id=148349 The High Court of Madras upheld the tax liability on the turnover of pebbles as sales of goods, rejecting the argument that it was a works contract. The Court emphasized the importance of contract terms, property transfer, and payment conditions in determining the nature of the transaction. By analyzing legal precedents and specific provisions in the contract, the Court concluded that the transaction constituted a sale of goods based on the transfer of property and payment terms, dismissing the appeal and affirming the tax assessment. en-us Mon, 16 Oct 1967 00:00:00 +0530 Thu, 25 Apr 2013 17:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148349 The High Court of Madras upheld the tax liability on the turnover of pebbles as sales of goods, rejecting the argument that it was a works contract. The Court emphasized the importance of contract terms, property transfer, and payment conditions in determining the nature of the transaction. By analyzing legal precedents and specific provisions in the contract, the Court concluded that the transaction constituted a sale of goods based on the transfer of property and payment terms, dismissing the appeal and affirming the tax assessment. Case-Laws VAT and Sales Tax Mon, 16 Oct 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148349