https://www.taxtmi.com/caselaws?id=155282 The wide statutory meaning of "business" under the Kerala General Sales Tax Act included transactions incidental or ancillary to manufacturing activity. Machinery acquired for use in a rubber-goods factory remained connected with that business even when it was later found surplus and sold at cost price. That sale was therefore not outside the tax net merely because the machinery was not regular stock-in-trade. On that reasoning, the turnover from the sale of surplus machinery was taxable as part of the assessee's business. en-us Wed, 29 Jan 1986 00:00:00 +0530 Mon, 02 Sep 2013 18:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155282 The wide statutory meaning of "business" under the Kerala General Sales Tax Act included transactions incidental or ancillary to manufacturing activity. Machinery acquired for use in a rubber-goods factory remained connected with that business even when it was later found surplus and sold at cost price. That sale was therefore not outside the tax net merely because the machinery was not regular stock-in-trade. On that reasoning, the turnover from the sale of surplus machinery was taxable as part of the assessee's business. Case-Laws VAT and Sales Tax Wed, 29 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155282