https://www.taxtmi.com/caselaws?id=150886 The arrangement between the respondent and the distributors was held to be principal-and-agent, not vendor-and-vendee, because the agreement fixed resale prices, reserved price control to the respondent, allowed only commission to the distributors, and provided for debit or credit adjustments on price fluctuations. Monthly statements of sales and stock, together with the surrounding correspondence, showed that the distributors held and dealt with the goods as agents. On that construction, property in the goods did not pass on despatch or receipt, so the despatches were not sales liable to tax under the Bombay Sales Tax Act, 1959. en-us Tue, 04 Feb 1975 00:00:00 +0530 Fri, 24 May 2013 13:12:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150886 The arrangement between the respondent and the distributors was held to be principal-and-agent, not vendor-and-vendee, because the agreement fixed resale prices, reserved price control to the respondent, allowed only commission to the distributors, and provided for debit or credit adjustments on price fluctuations. Monthly statements of sales and stock, together with the surrounding correspondence, showed that the distributors held and dealt with the goods as agents. On that construction, property in the goods did not pass on despatch or receipt, so the despatches were not sales liable to tax under the Bombay Sales Tax Act, 1959. Case-Laws VAT and Sales Tax Tue, 04 Feb 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150886