https://www.taxtmi.com/caselaws?id=163577 Supply of diesel by an assessee to contractors, with the cost recovered through contractor bills, amounted to a sale under the Karnataka Sales Tax Act because property in goods passed for valuable consideration by deferred payment. The plea that the diesel came only from locally purchased stock was not proved by acceptable evidence, and the earlier precedent relied on was distinguished on its facts. The transaction was therefore taxable, and the reassessment order was restored; the deletion by the Tribunal was not sustained. en-us Fri, 10 Nov 2006 00:00:00 +0530 Fri, 04 Apr 2014 17:42:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163577 Supply of diesel by an assessee to contractors, with the cost recovered through contractor bills, amounted to a sale under the Karnataka Sales Tax Act because property in goods passed for valuable consideration by deferred payment. The plea that the diesel came only from locally purchased stock was not proved by acceptable evidence, and the earlier precedent relied on was distinguished on its facts. The transaction was therefore taxable, and the reassessment order was restored; the deletion by the Tribunal was not sustained. Case-Laws VAT and Sales Tax Fri, 10 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163577