https://www.taxtmi.com/caselaws?id=158804 A forest contract allowing the contractor to collect, remove and dispose of tamarind from specified forest areas was treated as a grant of a profit a prendre, not a sale of goods. The court applied the principle that the true nature of an agreement depends on its terms and legal effect, noting that payment was in fixed instalments regardless of actual collection and no remission or compensation was available if collection was reduced or prevented. Because the arrangement conferred a right to appropriate produce arising out of land, sales tax could not lawfully be levied or retained on amounts payable under the contract. en-us Tue, 11 Jun 1996 00:00:00 +0530 Thu, 07 Nov 2013 15:06:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158804 A forest contract allowing the contractor to collect, remove and dispose of tamarind from specified forest areas was treated as a grant of a profit a prendre, not a sale of goods. The court applied the principle that the true nature of an agreement depends on its terms and legal effect, noting that payment was in fixed instalments regardless of actual collection and no remission or compensation was available if collection was reduced or prevented. Because the arrangement conferred a right to appropriate produce arising out of land, sales tax could not lawfully be levied or retained on amounts payable under the contract. Case-Laws VAT and Sales Tax Tue, 11 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158804