https://www.taxtmi.com/caselaws?id=150765 Supply of cement by a licensed stockist to permit-holders under the West Bengal Cement Control Act, 1948 remained a sale for sales tax purposes because the control regime regulated the field of bargain without extinguishing mutual assent. The parties were still able to agree on delivery, timing, payment and quantity within the permitted limits, and the statutory scheme did not amount to compulsory acquisition. As the essential elements of a sale under the Sale of Goods Act, 1930 were preserved, the transactions attracted tax under the Bengal Finance (Sales Tax) Act, 1941. en-us Fri, 13 Dec 1974 00:00:00 +0530 Wed, 22 May 2013 14:09:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150765 Supply of cement by a licensed stockist to permit-holders under the West Bengal Cement Control Act, 1948 remained a sale for sales tax purposes because the control regime regulated the field of bargain without extinguishing mutual assent. The parties were still able to agree on delivery, timing, payment and quantity within the permitted limits, and the statutory scheme did not amount to compulsory acquisition. As the essential elements of a sale under the Sale of Goods Act, 1930 were preserved, the transactions attracted tax under the Bengal Finance (Sales Tax) Act, 1941. Case-Laws VAT and Sales Tax Fri, 13 Dec 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150765