https://www.taxtmi.com/caselaws?id=154604 Lottery tickets were treated as "goods" under section 2(d) of the Bengal Finance (Sales Tax) Act, 1941 because they are movable property with commercial value and evidence a transferable interest for consideration. The Court rejected the argument that a lottery ticket is merely an actionable claim or wagering arrangement, relying on its statutory character, fixed price and commission structure, and the ability to pass from seller to buyer. On that basis, the levy of sales tax on their sale under the West Bengal Taxation Laws (Second Amendment) Act, 1984 was held to fall within the State's legislative competence under entry 54 of List II and not to be colourable or ultra vires. en-us Tue, 14 Aug 1984 00:00:00 +0530 Sat, 24 Aug 2013 11:58:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154604 Lottery tickets were treated as "goods" under section 2(d) of the Bengal Finance (Sales Tax) Act, 1941 because they are movable property with commercial value and evidence a transferable interest for consideration. The Court rejected the argument that a lottery ticket is merely an actionable claim or wagering arrangement, relying on its statutory character, fixed price and commission structure, and the ability to pass from seller to buyer. On that basis, the levy of sales tax on their sale under the West Bengal Taxation Laws (Second Amendment) Act, 1984 was held to fall within the State's legislative competence under entry 54 of List II and not to be colourable or ultra vires. Case-Laws VAT and Sales Tax Tue, 14 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154604