https://www.taxtmi.com/caselaws?id=150284 The court ruled in favor of the petitioner, an incorporated company, in a sales tax liability case. The court found that the transactions in question, involving the re-allotment of imported stock to another party as directed by the Import Controller, did not constitute sales attracting sales tax liability. Citing precedent, the court held that transactions made under specific directives, not resulting from a contract of sale, do not amount to sales for sales tax purposes. As a result, the court allowed the writ petition, quashed the sales tax assessment order, and concluded that the petitioner was not liable for sales tax in this scenario. en-us Mon, 02 Aug 1971 00:00:00 +0530 Sat, 11 May 2013 11:47:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150284 The court ruled in favor of the petitioner, an incorporated company, in a sales tax liability case. The court found that the transactions in question, involving the re-allotment of imported stock to another party as directed by the Import Controller, did not constitute sales attracting sales tax liability. Citing precedent, the court held that transactions made under specific directives, not resulting from a contract of sale, do not amount to sales for sales tax purposes. As a result, the court allowed the writ petition, quashed the sales tax assessment order, and concluded that the petitioner was not liable for sales tax in this scenario. Case-Laws VAT and Sales Tax Mon, 02 Aug 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150284