https://www.taxtmi.com/caselaws?id=150217 An expanded statutory definition of "business" under sales tax law can include trade or commerce even where the activity is carried on without profit motive and no actual profit accrues; the earlier profit-motive test is not decisive. Sales of food and drink in a canteen maintained under a statutory obligation remain taxable sales where price, supply and consideration are present and the parties still transact with sufficient mutual assent. A legal duty to run the canteen does not, by itself, destroy the contractual character of each sale or exclude the activity from business for sales tax purposes. en-us Thu, 09 Apr 1970 00:00:00 +0530 Fri, 10 May 2013 13:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150217 An expanded statutory definition of "business" under sales tax law can include trade or commerce even where the activity is carried on without profit motive and no actual profit accrues; the earlier profit-motive test is not decisive. Sales of food and drink in a canteen maintained under a statutory obligation remain taxable sales where price, supply and consideration are present and the parties still transact with sufficient mutual assent. A legal duty to run the canteen does not, by itself, destroy the contractual character of each sale or exclude the activity from business for sales tax purposes. Case-Laws VAT and Sales Tax Thu, 09 Apr 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150217