https://www.taxtmi.com/caselaws?id=149936 Compulsory supply of rice to the State under a statutory requisition order at controlled prices was not a sale for sales tax purposes because the transaction lacked mutual assent and contractual volition. A sale requires the essential elements of contract, including bargain, agreed price, delivery and passing of title; where supply is imposed by statute and the supplier has no choice over quantity or price, the arrangement does not satisfy that definition. The disputed turnover was therefore not exigible to sales tax, and the assessment was quashed to that extent in favour of the assessee. en-us Fri, 04 Dec 1970 00:00:00 +0530 Mon, 06 May 2013 14:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=149936 Compulsory supply of rice to the State under a statutory requisition order at controlled prices was not a sale for sales tax purposes because the transaction lacked mutual assent and contractual volition. A sale requires the essential elements of contract, including bargain, agreed price, delivery and passing of title; where supply is imposed by statute and the supplier has no choice over quantity or price, the arrangement does not satisfy that definition. The disputed turnover was therefore not exigible to sales tax, and the assessment was quashed to that extent in favour of the assessee. Case-Laws VAT and Sales Tax Fri, 04 Dec 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=149936