https://www.taxtmi.com/caselaws?id=164626 The Sales Tax Appellate Tribunal's decision to levy tax on sales of lottery tickets was deemed unjustified by the High Court. The court ruled that lottery tickets do not constitute goods but involve a transfer of an actionable claim. Consequently, the assessment based on treating lottery tickets as goods was incorrect. The judgment favored the assessee, clarifying that lottery tickets should not be considered goods for taxation purposes under the Sales Tax Act, aligning with the Supreme Court's revised legal interpretation. en-us Wed, 17 Jun 2009 00:00:00 +0530 Mon, 28 Apr 2014 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164626 The Sales Tax Appellate Tribunal's decision to levy tax on sales of lottery tickets was deemed unjustified by the High Court. The court ruled that lottery tickets do not constitute goods but involve a transfer of an actionable claim. Consequently, the assessment based on treating lottery tickets as goods was incorrect. The judgment favored the assessee, clarifying that lottery tickets should not be considered goods for taxation purposes under the Sales Tax Act, aligning with the Supreme Court's revised legal interpretation. Case-Laws VAT and Sales Tax Wed, 17 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164626