https://www.taxtmi.com/caselaws?id=161876 The Bombay HC considered whether the applicant's transport operations and intermittent sale of scrap, unserviceable vehicles and materials amounted to "business" under the Bombay Sales Tax Act, 1959, so as to make it a "dealer". It held that business under section 2(5A) required a profit motive during the relevant period, and that dealer status under section 2(11) depended on carrying on the business of buying or selling goods. The transport activity was a statutory public service at controlled fares, not a profit-making venture, and the disposal of old assets lacked the frequency, continuity and regularity needed to constitute a separate business. The applicant was therefore not a dealer for those transactions. en-us Thu, 07 Jul 2005 00:00:00 +0530 Mon, 10 Feb 2014 14:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161876 The Bombay HC considered whether the applicant's transport operations and intermittent sale of scrap, unserviceable vehicles and materials amounted to "business" under the Bombay Sales Tax Act, 1959, so as to make it a "dealer". It held that business under section 2(5A) required a profit motive during the relevant period, and that dealer status under section 2(11) depended on carrying on the business of buying or selling goods. The transport activity was a statutory public service at controlled fares, not a profit-making venture, and the disposal of old assets lacked the frequency, continuity and regularity needed to constitute a separate business. The applicant was therefore not a dealer for those transactions. Case-Laws VAT and Sales Tax Thu, 07 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161876