https://www.taxtmi.com/caselaws?id=155341 Exemption on banks' locker hire charges continued until the rescinding notification took effect, so tax could not be levied for any earlier period covered by the notices. The court also held that safe deposit locker charges were not taxable as consideration for transfer of the right to use goods: lockers embedded in a strong room were not movable goods, the bank's charge was composite and inseparable, and no delivery or possession of the locker was shown. The writ petitions succeeded and the impugned notices were quashed, with no sales tax liability on locker hire charges on the facts considered. en-us Wed, 09 Mar 1988 00:00:00 +0530 Tue, 03 Sep 2013 16:13:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155341 Exemption on banks' locker hire charges continued until the rescinding notification took effect, so tax could not be levied for any earlier period covered by the notices. The court also held that safe deposit locker charges were not taxable as consideration for transfer of the right to use goods: lockers embedded in a strong room were not movable goods, the bank's charge was composite and inseparable, and no delivery or possession of the locker was shown. The writ petitions succeeded and the impugned notices were quashed, with no sales tax liability on locker hire charges on the facts considered. Case-Laws VAT and Sales Tax Wed, 09 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155341