https://www.taxtmi.com/caselaws?id=158482 Under the enlarged and inclusive definitions of "business" in the M.P. General Sales Tax Act, 1958 and the Central Sales Tax Act, disposal of unserviceable stores was treated as part of business activity when the items had been procured for use in the business and were sold after wear and tear. Such sales were not casual or isolated transactions, and the absence of actual profit did not affect taxability. The sale of discarded scrap, dyes, chemicals, broken iron hoops, obsolete machinery and coal-ash was therefore held to be a sale in the course of business and liable to tax. en-us Thu, 05 Oct 1995 00:00:00 +0530 Tue, 29 Oct 2013 15:29:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158482 Under the enlarged and inclusive definitions of "business" in the M.P. General Sales Tax Act, 1958 and the Central Sales Tax Act, disposal of unserviceable stores was treated as part of business activity when the items had been procured for use in the business and were sold after wear and tear. Such sales were not casual or isolated transactions, and the absence of actual profit did not affect taxability. The sale of discarded scrap, dyes, chemicals, broken iron hoops, obsolete machinery and coal-ash was therefore held to be a sale in the course of business and liable to tax. Case-Laws VAT and Sales Tax Thu, 05 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158482