https://www.taxtmi.com/caselaws?id=159542 The High Court interpreted the term "timber" in a dealer's registration certificate to include standing trees for sales tax set off. It held that standing trees agreed to be severed can be considered as goods, and the sale of such trees is akin to the sale of timber. Relying on legal precedents and the contract terms, the Court concluded that standing trees purchased by the assessee should be deemed as timber, even before being felled. The Court ruled in favor of the assessee, affirming the Tribunal's decision and directing parties to bear their own costs. en-us Fri, 14 Sep 1990 00:00:00 +0530 Wed, 27 Nov 2013 12:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159542 The High Court interpreted the term "timber" in a dealer's registration certificate to include standing trees for sales tax set off. It held that standing trees agreed to be severed can be considered as goods, and the sale of such trees is akin to the sale of timber. Relying on legal precedents and the contract terms, the Court concluded that standing trees purchased by the assessee should be deemed as timber, even before being felled. The Court ruled in favor of the assessee, affirming the Tribunal's decision and directing parties to bear their own costs. Case-Laws VAT and Sales Tax Fri, 14 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159542