https://www.taxtmi.com/caselaws?id=250309 The judgment focused on interpreting the situs of a deemed sale, emphasizing that the transfer of the right to use goods constitutes a taxable event upon the execution of a contract, not contingent on physical delivery of goods. It clarified that States cannot levy sales tax if the deemed sale occurs outside the State or in inter-State trade. Relying on legal fiction, the judgment ruled in favor of the assessee, upholding the situs of the deemed sale in New Delhi based on the contract's execution place, as per principles from a Constitution Bench decision. en-us Tue, 27 May 2014 00:00:00 +0530 Wed, 02 Jul 2014 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250309 The judgment focused on interpreting the situs of a deemed sale, emphasizing that the transfer of the right to use goods constitutes a taxable event upon the execution of a contract, not contingent on physical delivery of goods. It clarified that States cannot levy sales tax if the deemed sale occurs outside the State or in inter-State trade. Relying on legal fiction, the judgment ruled in favor of the assessee, upholding the situs of the deemed sale in New Delhi based on the contract's execution place, as per principles from a Constitution Bench decision. Case-Laws VAT and Sales Tax Tue, 27 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250309