https://www.taxtmi.com/caselaws?id=163367 An FOB sale with delivery on board the vessel, freight and transit risk passing to the buyer after loading, and the seller's obligation ending on shipment was held to transfer property in the goods at the time of shipment. On those contractual terms, the later handing over of shipping documents against payment did not constitute a fresh transfer of title after the goods had crossed the customs frontiers of India. The court therefore held that the transaction did not fall within the second limb of section 5(1) of the Central Sales Tax Act, 1956 as a sale in the course of export, and answered the questions in favour of the Revenue. en-us Fri, 18 Feb 2005 00:00:00 +0530 Tue, 01 Apr 2014 14:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163367 An FOB sale with delivery on board the vessel, freight and transit risk passing to the buyer after loading, and the seller's obligation ending on shipment was held to transfer property in the goods at the time of shipment. On those contractual terms, the later handing over of shipping documents against payment did not constitute a fresh transfer of title after the goods had crossed the customs frontiers of India. The court therefore held that the transaction did not fall within the second limb of section 5(1) of the Central Sales Tax Act, 1956 as a sale in the course of export, and answered the questions in favour of the Revenue. Case-Laws VAT and Sales Tax Fri, 18 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163367