https://www.taxtmi.com/caselaws?id=267183 An accepted tender that expressly states the offer price is inclusive of all statutory levies creates a concluded contract governing tax incidence. Where the official liquidator accepted the highest offer and the Company Judge approved it, the purchaser could not later be burdened with sales tax, central sales tax, excise duty, or other tax demands contrary to the offer terms. The tax liability could not be shifted after acceptance, and the purchaser was entitled to be discharged from those demands. en-us Thu, 04 Sep 2014 00:00:00 +0530 Sat, 31 Oct 2015 09:44:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267183 An accepted tender that expressly states the offer price is inclusive of all statutory levies creates a concluded contract governing tax incidence. Where the official liquidator accepted the highest offer and the Company Judge approved it, the purchaser could not later be burdened with sales tax, central sales tax, excise duty, or other tax demands contrary to the offer terms. The tax liability could not be shifted after acceptance, and the purchaser was entitled to be discharged from those demands. Case-Laws VAT and Sales Tax Thu, 04 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267183