https://www.taxtmi.com/caselaws?id=158299 Article 366(29A)(d) treats transfer of the right to use goods for consideration as a deemed sale within the constitutional taxing framework, and the commentary notes that the Forty-sixth Amendment and later Supreme Court authority support that position. It further explains that sections 2(t)(vi) and 9-A of the M.P. Vanijyik Kar Adhiniyam, 1994 adopt the same definition and levy tax on such transfers, including lease transactions involving plant, machinery and allied goods. On that basis, the State provisions are described as consistent with Entry 54 of List II and within legislative competence. en-us Mon, 13 May 1996 00:00:00 +0530 Sat, 19 Oct 2013 17:27:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158299 Article 366(29A)(d) treats transfer of the right to use goods for consideration as a deemed sale within the constitutional taxing framework, and the commentary notes that the Forty-sixth Amendment and later Supreme Court authority support that position. It further explains that sections 2(t)(vi) and 9-A of the M.P. Vanijyik Kar Adhiniyam, 1994 adopt the same definition and levy tax on such transfers, including lease transactions involving plant, machinery and allied goods. On that basis, the State provisions are described as consistent with Entry 54 of List II and within legislative competence. Case-Laws VAT and Sales Tax Mon, 13 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158299