https://www.taxtmi.com/caselaws?id=164394 Materials supplied by the contractee-Government under a works contract, with their value adjusted against the contractor's bills, were treated as a taxable transfer of property in goods. The materials remained Government property until used for the contract, could not be diverted to other purposes, and were appropriated in execution of the work for consideration by way of set-off or adjustment. Earlier decisions under the same statutory scheme, as approved by the Supreme Court, had held that such appropriation constitutes a sale and brings the transferred value within taxable turnover. The levy of purchase tax under section 6C was therefore sustained. en-us Tue, 18 Nov 2008 00:00:00 +0530 Fri, 20 Nov 2015 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164394 Materials supplied by the contractee-Government under a works contract, with their value adjusted against the contractor's bills, were treated as a taxable transfer of property in goods. The materials remained Government property until used for the contract, could not be diverted to other purposes, and were appropriated in execution of the work for consideration by way of set-off or adjustment. Earlier decisions under the same statutory scheme, as approved by the Supreme Court, had held that such appropriation constitutes a sale and brings the transferred value within taxable turnover. The levy of purchase tax under section 6C was therefore sustained. Case-Laws VAT and Sales Tax Tue, 18 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164394