https://www.taxtmi.com/caselaws?id=150575 Supply of minerals under a regulatory regime and agreement with the Department of Atomic Energy was held to remain a sale for Central Sales Tax purposes. The court reasoned that a transaction falls outside the concept of sale only where statutory compulsion removes all real volition and consensus between the parties. Here, no compulsory acquisition under the Atomic Energy Act, 1948 was shown; the supplier's freedom was restricted, but not eliminated. Mere restriction on purchaser, supply, or price did not destroy the character of the transaction as a sale. The supply transactions were therefore chargeable to central sales tax. en-us Thu, 20 Dec 1973 00:00:00 +0530 Sat, 18 May 2013 17:13:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150575 Supply of minerals under a regulatory regime and agreement with the Department of Atomic Energy was held to remain a sale for Central Sales Tax purposes. The court reasoned that a transaction falls outside the concept of sale only where statutory compulsion removes all real volition and consensus between the parties. Here, no compulsory acquisition under the Atomic Energy Act, 1948 was shown; the supplier's freedom was restricted, but not eliminated. Mere restriction on purchaser, supply, or price did not destroy the character of the transaction as a sale. The supply transactions were therefore chargeable to central sales tax. Case-Laws VAT and Sales Tax Thu, 20 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150575