https://www.taxtmi.com/caselaws?id=35041 A lottery ticket was treated as an actionable claim, because it merely evidences a conditional right to claim a prize and has no independent value as goods. Applying the Constitution Bench ruling that actionable claims may be movable property in a wider sense but are excluded from the definition of goods for sales tax purposes, the Court held that the ticket is not goods. The transfer of the ticket was therefore not exigible to sales tax in the manner contended. en-us Fri, 23 Jan 2009 00:00:00 +0530 Sat, 14 Jan 2012 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35041 A lottery ticket was treated as an actionable claim, because it merely evidences a conditional right to claim a prize and has no independent value as goods. Applying the Constitution Bench ruling that actionable claims may be movable property in a wider sense but are excluded from the definition of goods for sales tax purposes, the Court held that the ticket is not goods. The transfer of the ticket was therefore not exigible to sales tax in the manner contended. Case-Laws VAT and Sales Tax Fri, 23 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35041