https://www.taxtmi.com/caselaws?id=156136 Business activity for sales tax purposes depends on whether the person carries on buying or selling goods with a profit motive, even if no immediate profit is shown. The High Court treated the petitioner's distribution of fertilisers under the seeding programme as part of the same commercial activity as its regular sales, noting that a distributor's margin existed up to 1 August 1974 and that later operations were intended to build an infrastructure and market network for future profit. The Court distinguished authorities dealing with different commodities, discarded goods, or a different statutory definition. It concluded that the petitioner was a dealer in the relevant transactions and the transactions were taxable. en-us Tue, 05 Jul 1988 00:00:00 +0530 Fri, 13 Sep 2013 18:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156136 Business activity for sales tax purposes depends on whether the person carries on buying or selling goods with a profit motive, even if no immediate profit is shown. The High Court treated the petitioner's distribution of fertilisers under the seeding programme as part of the same commercial activity as its regular sales, noting that a distributor's margin existed up to 1 August 1974 and that later operations were intended to build an infrastructure and market network for future profit. The Court distinguished authorities dealing with different commodities, discarded goods, or a different statutory definition. It concluded that the petitioner was a dealer in the relevant transactions and the transactions were taxable. Case-Laws VAT and Sales Tax Tue, 05 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156136