https://www.taxtmi.com/caselaws?id=148660 Motion picture producers are treated as dealers under section 2(11) of the Bombay Sales Tax Act, 1959 only if their purchase of raw film is part of a continuous commercial business activity involving buying and disposal. The definition does not require buying and selling the same commodity; raw materials may be purchased for use in manufacturing another commodity for sale. The controlling test is whether the transaction forms an integrated business nexus and whether the finished cinematograph films are saleable or marketable. On that basis, producers qualify as dealers only if the films they produce are found to be a saleable commodity. en-us Wed, 17 Jan 1968 00:00:00 +0530 Wed, 01 May 2013 16:29:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148660 Motion picture producers are treated as dealers under section 2(11) of the Bombay Sales Tax Act, 1959 only if their purchase of raw film is part of a continuous commercial business activity involving buying and disposal. The definition does not require buying and selling the same commodity; raw materials may be purchased for use in manufacturing another commodity for sale. The controlling test is whether the transaction forms an integrated business nexus and whether the finished cinematograph films are saleable or marketable. On that basis, producers qualify as dealers only if the films they produce are found to be a saleable commodity. Case-Laws VAT and Sales Tax Wed, 17 Jan 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148660