https://www.taxtmi.com/caselaws?id=150336 Goods imported for identified allottees under a prior arrangement were treated as a direct sale by the foreign seller to the allottees through the society as an intermediary, because the society had no independent right of disposal and acted only under the bulk licence arrangement. The movement of the goods from abroad was occasioned by that pre-existing contract, so the transaction was characterised as a sale in the course of import and fell outside the taxing power under the Madras General Sales Tax Act, 1959. As the turnover was not taxable, the related penalty also had no basis and could not survive. en-us Tue, 26 Sep 1972 00:00:00 +0530 Mon, 13 May 2013 14:17:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150336 Goods imported for identified allottees under a prior arrangement were treated as a direct sale by the foreign seller to the allottees through the society as an intermediary, because the society had no independent right of disposal and acted only under the bulk licence arrangement. The movement of the goods from abroad was occasioned by that pre-existing contract, so the transaction was characterised as a sale in the course of import and fell outside the taxing power under the Madras General Sales Tax Act, 1959. As the turnover was not taxable, the related penalty also had no basis and could not survive. Case-Laws VAT and Sales Tax Tue, 26 Sep 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150336