https://www.taxtmi.com/caselaws?id=154269 Under the amended sales tax definition of business, transactions incidental or ancillary to trade may be taxable even without a profit motive. Sales of scrap and unserviceable materials arising in the course of a transport business were treated as taxable because the company was regarded as a dealer for those incidental sales. By contrast, the transfer of machinery and workshop assets on closure of an entire business division to a newly formed company was not an incidental or ancillary trading transaction and fell outside taxable turnover. en-us Tue, 03 Apr 1984 00:00:00 +0530 Fri, 16 Aug 2013 15:16:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154269 Under the amended sales tax definition of business, transactions incidental or ancillary to trade may be taxable even without a profit motive. Sales of scrap and unserviceable materials arising in the course of a transport business were treated as taxable because the company was regarded as a dealer for those incidental sales. By contrast, the transfer of machinery and workshop assets on closure of an entire business division to a newly formed company was not an incidental or ancillary trading transaction and fell outside taxable turnover. Case-Laws VAT and Sales Tax Tue, 03 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154269