https://www.taxtmi.com/caselaws?id=149781 Regular and repeated supply of new, unused surplus goods and workshop materials can constitute taxable turnover where the assessee deliberately acquired and retained the goods with a commercial intention to sell or supply them in the course of business. Absence of profit motive, or the fact that the goods were part of capital assets, is not conclusive. Frequency and volume of transactions are relevant indicators but not decisive by themselves. On the stated facts, the goods were held in excess of immediate requirements and supplied to sister concerns and others as part of integrated commercial activity, supporting treatment of the assessee as a dealer in those goods and rendering the turnover assessable to sales tax. en-us Fri, 05 Dec 1969 00:00:00 +0530 Fri, 03 May 2013 14:42:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=149781 Regular and repeated supply of new, unused surplus goods and workshop materials can constitute taxable turnover where the assessee deliberately acquired and retained the goods with a commercial intention to sell or supply them in the course of business. Absence of profit motive, or the fact that the goods were part of capital assets, is not conclusive. Frequency and volume of transactions are relevant indicators but not decisive by themselves. On the stated facts, the goods were held in excess of immediate requirements and supplied to sister concerns and others as part of integrated commercial activity, supporting treatment of the assessee as a dealer in those goods and rendering the turnover assessable to sales tax. Case-Laws VAT and Sales Tax Fri, 05 Dec 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=149781