https://www.taxtmi.com/caselaws?id=235025 A transit sale exemption under section 3(b) of the Central Sales Tax Act was available where goods were supplied under hire purchase arrangements and the documents of title were endorsed while the goods were in transit. The Madras HC noted that the then-applicable definition of "sale" in section 2(g) expressly included transfer of goods on hire purchase, so the statutory focus was on transfer of goods rather than immediate transfer of property. It also distinguished transfer of property from transfer of goods on hire purchase and held that the later amendment to the definition did not affect the assessment year in question. On the undisputed facts, the assessee satisfied section 3(b), and the Tribunal's assessment order was set aside. en-us Wed, 12 Jun 2013 00:00:00 +0530 Sat, 05 Jul 2014 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235025 A transit sale exemption under section 3(b) of the Central Sales Tax Act was available where goods were supplied under hire purchase arrangements and the documents of title were endorsed while the goods were in transit. The Madras HC noted that the then-applicable definition of "sale" in section 2(g) expressly included transfer of goods on hire purchase, so the statutory focus was on transfer of goods rather than immediate transfer of property. It also distinguished transfer of property from transfer of goods on hire purchase and held that the later amendment to the definition did not affect the assessment year in question. On the undisputed facts, the assessee satisfied section 3(b), and the Tribunal's assessment order was set aside. Case-Laws VAT and Sales Tax Wed, 12 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235025