https://www.taxtmi.com/caselaws?id=153347 A forest produce extraction agreement was treated as a licence rather than a lease where the grantee's rights were confined to entering forest land, cutting and removing bamboos, and appropriating them. On that basis, the transaction was capable of attracting sales tax on the severed goods. The minimum royalty was treated in substance as the sale price because nomenclature was not controlling and the payment represented consideration for the right to cut and carry away the produce. The State could still enforce tax liability despite earlier departmental assurance, and accrued sales tax liabilities survived repeal, lapse, or procedural defects in the Bihar tax enactments and ordinances. en-us Wed, 25 Mar 1981 00:00:00 +0530 Mon, 22 Jul 2013 16:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153347 A forest produce extraction agreement was treated as a licence rather than a lease where the grantee's rights were confined to entering forest land, cutting and removing bamboos, and appropriating them. On that basis, the transaction was capable of attracting sales tax on the severed goods. The minimum royalty was treated in substance as the sale price because nomenclature was not controlling and the payment represented consideration for the right to cut and carry away the produce. The State could still enforce tax liability despite earlier departmental assurance, and accrued sales tax liabilities survived repeal, lapse, or procedural defects in the Bihar tax enactments and ordinances. Case-Laws VAT and Sales Tax Wed, 25 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153347