https://www.taxtmi.com/caselaws?id=149776 A single accidental discovery and isolated sale of a diamond did not amount to carrying on business under section 2(d) of the M.P. General Sales Tax Act, 1958, because dealer status requires continuity and an organised profit-making trading activity; the assessee was therefore not a dealer. A compulsory auction sale under the mining rules was not a sale for sales tax purposes, because a legal sale requires mutual assent and volition, including choice of purchaser and price; the assessee had no such freedom. On both grounds, the sales tax demand could not be sustained. en-us Fri, 27 Mar 1970 00:00:00 +0530 Fri, 03 May 2013 14:18:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=149776 A single accidental discovery and isolated sale of a diamond did not amount to carrying on business under section 2(d) of the M.P. General Sales Tax Act, 1958, because dealer status requires continuity and an organised profit-making trading activity; the assessee was therefore not a dealer. A compulsory auction sale under the mining rules was not a sale for sales tax purposes, because a legal sale requires mutual assent and volition, including choice of purchaser and price; the assessee had no such freedom. On both grounds, the sales tax demand could not be sustained. Case-Laws VAT and Sales Tax Fri, 27 Mar 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=149776