https://www.taxtmi.com/caselaws?id=157882 Sales of fixed assets or discarded goods do not become business turnover merely because the goods were used in the business, depreciated in the books, or later sold for value. Under the Bombay Sales Tax Act, liability under section 3 arises only where the dealer carries on business in the relevant goods, and the widened definition of "business" does not erase the distinction between a trader's main business and disposal of used assets. Applying that principle, the sale of three old motor cars used by directors and employees was held not to be connected with, incidental to, or ancillary to the assessee's chemical business, so the sales were not taxable as business sales. en-us Mon, 23 Jan 1995 00:00:00 +0530 Fri, 11 Oct 2013 17:21:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157882 Sales of fixed assets or discarded goods do not become business turnover merely because the goods were used in the business, depreciated in the books, or later sold for value. Under the Bombay Sales Tax Act, liability under section 3 arises only where the dealer carries on business in the relevant goods, and the widened definition of "business" does not erase the distinction between a trader's main business and disposal of used assets. Applying that principle, the sale of three old motor cars used by directors and employees was held not to be connected with, incidental to, or ancillary to the assessee's chemical business, so the sales were not taxable as business sales. Case-Laws VAT and Sales Tax Mon, 23 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157882