https://www.taxtmi.com/caselaws?id=165879 Sales tax under the Karnataka Sales Tax Act, 1957 attaches only when the transaction is part of the dealer's business of buying, selling or distributing the relevant goods, or is incidental or ancillary to that business. A one-time disposal of assets not held for trading does not satisfy the business requirement. On the facts, the intellectual property used in the biscuit and confectionery business was not itself traded by the assessee, and its sale was not incidental or ancillary to the main business, so the transaction was not taxable. en-us Thu, 26 Aug 2010 00:00:00 +0530 Fri, 26 Sep 2014 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165879 Sales tax under the Karnataka Sales Tax Act, 1957 attaches only when the transaction is part of the dealer's business of buying, selling or distributing the relevant goods, or is incidental or ancillary to that business. A one-time disposal of assets not held for trading does not satisfy the business requirement. On the facts, the intellectual property used in the biscuit and confectionery business was not itself traded by the assessee, and its sale was not incidental or ancillary to the main business, so the transaction was not taxable. Case-Laws VAT and Sales Tax Thu, 26 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165879