https://www.taxtmi.com/caselaws?id=149831 Amounts deposited by purchasers with a commission agent to meet a possible contingency on sales of exempt agricultural produce were not collections by way of tax or purporting to be by way of tax under the Mysore Sales Tax Act, 1957. The Court distinguished a dealer's own tax collection from money entrusted by purchasers and held that, on the facts found, the agent held the deposits as a trustee rather than as tax receipts. As there was no contravention of the prohibition against collecting tax-like amounts, the statutory basis for penalty under section 18-A was absent, and the penalty could not stand. en-us Thu, 10 Sep 1970 00:00:00 +0530 Sat, 04 May 2013 11:27:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=149831 Amounts deposited by purchasers with a commission agent to meet a possible contingency on sales of exempt agricultural produce were not collections by way of tax or purporting to be by way of tax under the Mysore Sales Tax Act, 1957. The Court distinguished a dealer's own tax collection from money entrusted by purchasers and held that, on the facts found, the agent held the deposits as a trustee rather than as tax receipts. As there was no contravention of the prohibition against collecting tax-like amounts, the statutory basis for penalty under section 18-A was absent, and the penalty could not stand. Case-Laws VAT and Sales Tax Thu, 10 Sep 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=149831