https://www.taxtmi.com/caselaws?id=160005 Where bottled beer is sold as a statutory and commercial composite unit, the amount collected as a so-called security deposit for bottles is treated as part of the sale consideration and included in taxable turnover, because the arrangement is not a true bailment and no real obligation to return the bottles is shown. The bottles, however, cannot be taxed at a higher rate than the beer sold with them, as the container follows the tax treatment of the packaged goods. Interest from the date of return was held unsustainable, while penalty was maintained but reduced proportionately in light of the corrected tax treatment. en-us Wed, 18 Mar 1998 00:00:00 +0530 Fri, 06 Dec 2013 17:06:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160005 Where bottled beer is sold as a statutory and commercial composite unit, the amount collected as a so-called security deposit for bottles is treated as part of the sale consideration and included in taxable turnover, because the arrangement is not a true bailment and no real obligation to return the bottles is shown. The bottles, however, cannot be taxed at a higher rate than the beer sold with them, as the container follows the tax treatment of the packaged goods. Interest from the date of return was held unsustainable, while penalty was maintained but reduced proportionately in light of the corrected tax treatment. Case-Laws VAT and Sales Tax Wed, 18 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160005