https://www.taxtmi.com/caselaws?id=168057 Payment received and appropriated against identified moulds constituted a completed sale even though the goods remained at the dealer's premises, because symbolic delivery was sufficient and the transaction was neither inter-State nor an export sale; it was therefore taxable as a local sale under the Karnataka Value Added Tax Act, 2003. Permanent wire tighteners were not treated as aluminium extrusions merely because aluminium was used in manufacture, since classification turned on the product's commercial identity in the market; they were accordingly taxable under the residuary entry rather than entry 67 of the Third Schedule. en-us Thu, 09 Feb 2012 00:00:00 +0530 Fri, 09 Jan 2015 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168057 Payment received and appropriated against identified moulds constituted a completed sale even though the goods remained at the dealer's premises, because symbolic delivery was sufficient and the transaction was neither inter-State nor an export sale; it was therefore taxable as a local sale under the Karnataka Value Added Tax Act, 2003. Permanent wire tighteners were not treated as aluminium extrusions merely because aluminium was used in manufacture, since classification turned on the product's commercial identity in the market; they were accordingly taxable under the residuary entry rather than entry 67 of the Third Schedule. Case-Laws VAT and Sales Tax Thu, 09 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168057