https://www.taxtmi.com/caselaws?id=158623 Cylinder holding charges for delayed return of gas cylinders were treated as consideration for the continued use of goods, not as a mere penalty. The cylinders formed part of the supply arrangement, and the over-retention charges arose only after the free loan period expired. In light of the constitutional concept of deemed sale under Article 366(29A) and the charging provision under the Tamil Nadu General Sales Tax Act, the amounts collected for continued possession of the cylinders were held taxable as consideration for transfer of the right to use goods. en-us Wed, 29 Apr 2009 00:00:00 +0530 Mon, 10 Nov 2014 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158623 Cylinder holding charges for delayed return of gas cylinders were treated as consideration for the continued use of goods, not as a mere penalty. The cylinders formed part of the supply arrangement, and the over-retention charges arose only after the free loan period expired. In light of the constitutional concept of deemed sale under Article 366(29A) and the charging provision under the Tamil Nadu General Sales Tax Act, the amounts collected for continued possession of the cylinders were held taxable as consideration for transfer of the right to use goods. Case-Laws VAT and Sales Tax Wed, 29 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158623