https://www.taxtmi.com/caselaws?id=15324 Section 206C was applied as a first-sale tax collection mechanism for specified goods, so a purchaser at the later stage of the liquor trade was not treated as a buyer for that levy. The authority granting an L-14A licence was not regarded as a seller of alcoholic liquor, because it only conferred a right to vend the goods. The monthly licence fee was held not to form part of the "amount payable" for tax collection, as that expression refers to the sale price of the goods, not the fee for holding the licence. Notices demanding tax on the licence fee were therefore unsustainable. en-us Tue, 22 Feb 2000 00:00:00 +0530 Tue, 04 Aug 2009 17:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15324 Section 206C was applied as a first-sale tax collection mechanism for specified goods, so a purchaser at the later stage of the liquor trade was not treated as a buyer for that levy. The authority granting an L-14A licence was not regarded as a seller of alcoholic liquor, because it only conferred a right to vend the goods. The monthly licence fee was held not to form part of the "amount payable" for tax collection, as that expression refers to the sale price of the goods, not the fee for holding the licence. Notices demanding tax on the licence fee were therefore unsustainable. Case-Laws Income Tax Tue, 22 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15324