https://www.taxtmi.com/caselaws?id=163072 Construction materials supplied by a contractee to a contractor under a works contract, with their cost recovered from running bills, were treated as a taxable sale because property in the goods passed on use or consumption in the work and the bill adjustment operated as consideration. The returnability of unused material did not change the character of the transaction, since the contract also provided for monetary deduction at enhanced rates if the material was not returned. The Allahabad HC therefore sustained the trade tax assessment on the material supplies. en-us Tue, 25 Sep 2007 00:00:00 +0530 Thu, 25 Dec 2014 20:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163072 Construction materials supplied by a contractee to a contractor under a works contract, with their cost recovered from running bills, were treated as a taxable sale because property in the goods passed on use or consumption in the work and the bill adjustment operated as consideration. The returnability of unused material did not change the character of the transaction, since the contract also provided for monetary deduction at enhanced rates if the material was not returned. The Allahabad HC therefore sustained the trade tax assessment on the material supplies. Case-Laws VAT and Sales Tax Tue, 25 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163072