https://www.taxtmi.com/caselaws?id=159711 Supply of specified materials by an owner-corporation to contractors under a works contract amounted to a taxable sale where the contract provided for delivery at fixed rates, deduction of the materials' value from the contractors' bills, and return or accounting for unused stock. Reading the contract as a whole, the Court found the substance of the arrangement showed transfer of property in the goods for consideration, so the transaction fell within the sales tax net under the M.P. General Sales Tax Act, 1958. The writ petitions were therefore unsustainable and were dismissed, leaving the tax demand and connected action undisturbed. en-us Wed, 24 Mar 1999 00:00:00 +0530 Fri, 29 Nov 2013 17:57:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159711 Supply of specified materials by an owner-corporation to contractors under a works contract amounted to a taxable sale where the contract provided for delivery at fixed rates, deduction of the materials' value from the contractors' bills, and return or accounting for unused stock. Reading the contract as a whole, the Court found the substance of the arrangement showed transfer of property in the goods for consideration, so the transaction fell within the sales tax net under the M.P. General Sales Tax Act, 1958. The writ petitions were therefore unsustainable and were dismissed, leaving the tax demand and connected action undisturbed. Case-Laws VAT and Sales Tax Wed, 24 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159711