https://www.taxtmi.com/caselaws?id=154732 Letting out bank lockers was not a transfer of the right to use goods for sales tax purposes because the bank retained custody, effective control and the security arrangement, while the customer received only a limited, regulated right of access as part of a composite service. The consideration was for the combined facility of custody, security and restricted use, not for the locker as a chattel. The transaction therefore did not amount to a sale within the extended definition under the Bengal Finance (Sales Tax) Act, 1941, and was not exigible to sales tax on that basis. en-us Wed, 25 Mar 1987 00:00:00 +0530 Mon, 26 Aug 2013 17:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154732 Letting out bank lockers was not a transfer of the right to use goods for sales tax purposes because the bank retained custody, effective control and the security arrangement, while the customer received only a limited, regulated right of access as part of a composite service. The consideration was for the combined facility of custody, security and restricted use, not for the locker as a chattel. The transaction therefore did not amount to a sale within the extended definition under the Bengal Finance (Sales Tax) Act, 1941, and was not exigible to sales tax on that basis. Case-Laws VAT and Sales Tax Wed, 25 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154732