https://www.taxtmi.com/caselaws?id=157158 Amount collected as a so-called security deposit for beer bottles was treated as part of the sale price because the surrounding arrangement showed a sale, not bailment. Property in the bottles passed to the purchaser, there was no obligation or fixed time for return, no bottles were actually returned, and fresh deposits were taken on each consignment. The statutory scheme requiring beer to be supplied in sealed bottles reinforced that the billing description as a security deposit did not reflect the real nature of the transaction. The amount was therefore liable to sales tax. en-us Thu, 03 Oct 1991 00:00:00 +0530 Mon, 30 Sep 2013 18:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157158 Amount collected as a so-called security deposit for beer bottles was treated as part of the sale price because the surrounding arrangement showed a sale, not bailment. Property in the bottles passed to the purchaser, there was no obligation or fixed time for return, no bottles were actually returned, and fresh deposits were taken on each consignment. The statutory scheme requiring beer to be supplied in sealed bottles reinforced that the billing description as a security deposit did not reflect the real nature of the transaction. The amount was therefore liable to sales tax. Case-Laws VAT and Sales Tax Thu, 03 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157158