https://www.taxtmi.com/caselaws?id=236002 The court treated the label "royalty" as irrelevant where the substance of the arrangement showed transfer of proprietary rights in forest produce for consideration. Because the Forest Department required collection of lichen, storage in its godown, and delivery only on payment of the agreed amount, the transaction was not a bare licence or privilege to enter the forest. It was instead a transfer of property in movable goods, so the trade tax authorities were justified in treating the amount as taxable sale consideration under the U.P. Trade Tax Act. en-us Wed, 25 Apr 2012 00:00:00 +0530 Mon, 11 Aug 2014 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236002 The court treated the label "royalty" as irrelevant where the substance of the arrangement showed transfer of proprietary rights in forest produce for consideration. Because the Forest Department required collection of lichen, storage in its godown, and delivery only on payment of the agreed amount, the transaction was not a bare licence or privilege to enter the forest. It was instead a transfer of property in movable goods, so the trade tax authorities were justified in treating the amount as taxable sale consideration under the U.P. Trade Tax Act. Case-Laws VAT and Sales Tax Wed, 25 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236002