https://www.taxtmi.com/caselaws?id=152580 A transaction where a customer supplies old kansa, the dealer returns utensils of equal weight, and the only money charged is labour does not constitute a sale for sales tax purposes. A sale under the Sale of Goods Act requires transfer of property in goods for a price, and price means money consideration. Because the substantial consideration was the customer's kansa and not a money price, the court held that the arrangement fell outside the charging provision of the M.P. General Sales Tax Act, 1958. The reference to "other valuable consideration" was not read to include this non-monetary exchange. en-us Wed, 30 Aug 1978 00:00:00 +0530 Sat, 06 Jul 2013 17:16:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152580 A transaction where a customer supplies old kansa, the dealer returns utensils of equal weight, and the only money charged is labour does not constitute a sale for sales tax purposes. A sale under the Sale of Goods Act requires transfer of property in goods for a price, and price means money consideration. Because the substantial consideration was the customer's kansa and not a money price, the court held that the arrangement fell outside the charging provision of the M.P. General Sales Tax Act, 1958. The reference to "other valuable consideration" was not read to include this non-monetary exchange. Case-Laws VAT and Sales Tax Wed, 30 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152580