https://www.taxtmi.com/caselaws?id=148368 Amounts collected by a dealer from buyers as sales tax, though separately described, formed part of the total sale consideration and were taxable as trading receipts when received. The Bombay Sales Tax Act placed the primary liability on the dealer, and section 21 did not convert the dealer into a mere collecting agent or create a statutory liability in the purchaser. The character of the receipt had to be determined at the time it entered the assessee's hands; on that basis, the refund later granted by the sales tax authorities did not change its original taxable nature. The refunded amount was therefore assessable as business income in the assessee's hands. en-us Tue, 22 Feb 1966 00:00:00 +0530 Fri, 26 Apr 2013 11:50:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148368 Amounts collected by a dealer from buyers as sales tax, though separately described, formed part of the total sale consideration and were taxable as trading receipts when received. The Bombay Sales Tax Act placed the primary liability on the dealer, and section 21 did not convert the dealer into a mere collecting agent or create a statutory liability in the purchaser. The character of the receipt had to be determined at the time it entered the assessee's hands; on that basis, the refund later granted by the sales tax authorities did not change its original taxable nature. The refunded amount was therefore assessable as business income in the assessee's hands. Case-Laws VAT and Sales Tax Tue, 22 Feb 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148368