https://www.taxtmi.com/caselaws?id=162708 Bullion delivered to exporters against substantial payment, with the purchasers free to use the goods for manufacture and export, constituted a sale under section 2(xxi) of the Kerala General Sales Tax Act, 1963. The taxable event was completed on delivery under the contract, so subsequent fixation of the final price and later raising of the invoice did not defer assessment to the following year. The transaction was therefore assessable in the year of delivery, and the assessment challenge failed. en-us Mon, 30 Oct 2006 00:00:00 +0530 Thu, 13 Mar 2014 10:47:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162708 Bullion delivered to exporters against substantial payment, with the purchasers free to use the goods for manufacture and export, constituted a sale under section 2(xxi) of the Kerala General Sales Tax Act, 1963. The taxable event was completed on delivery under the contract, so subsequent fixation of the final price and later raising of the invoice did not defer assessment to the following year. The transaction was therefore assessable in the year of delivery, and the assessment challenge failed. Case-Laws VAT and Sales Tax Mon, 30 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162708