https://www.taxtmi.com/caselaws?id=156113 Customs duty paid by buyers of imported goods under a c.i.f. contract does not form part of the sale price under the Bombay Sales Tax Act, 1959 or the Central Sales Tax Act, 1956 where the statutory definition covers only consideration paid or payable to the dealer and sums charged for acts done by the dealer before delivery. The sale was complete once the contractual consideration was paid and documents were delivered; the buyers then cleared the goods and paid customs duty as owners and importers. Because the duty liability rested on the buyers and arose after completion of the sale, it was not consideration flowing to the seller and could not be included in the seller's turnover. en-us Fri, 12 Jan 1990 00:00:00 +0530 Fri, 13 Sep 2013 16:48:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156113 Customs duty paid by buyers of imported goods under a c.i.f. contract does not form part of the sale price under the Bombay Sales Tax Act, 1959 or the Central Sales Tax Act, 1956 where the statutory definition covers only consideration paid or payable to the dealer and sums charged for acts done by the dealer before delivery. The sale was complete once the contractual consideration was paid and documents were delivered; the buyers then cleared the goods and paid customs duty as owners and importers. Because the duty liability rested on the buyers and arose after completion of the sale, it was not consideration flowing to the seller and could not be included in the seller's turnover. Case-Laws VAT and Sales Tax Fri, 12 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156113