https://www.taxtmi.com/caselaws?id=779591 Tax under Section 3F(1)(b) of the Uttar Pradesh Trade Tax Act is attracted on the transfer of property in goods involved in executing a works contract, not on the finished product as such. The taxable event occurs when the goods are incorporated into the works and pass to the customer, whether in their original or altered form. Applying that principle, printing ink and processing chemicals used in printing lottery tickets were part of the execution of the contract and formed a transferable composite medium. Their later consumption or chemical alteration did not negate the transfer of property. The levy on those materials was therefore valid. en-us Tue, 07 Oct 2025 00:00:00 +0530 Wed, 08 Oct 2025 13:22:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779591 Tax under Section 3F(1)(b) of the Uttar Pradesh Trade Tax Act is attracted on the transfer of property in goods involved in executing a works contract, not on the finished product as such. The taxable event occurs when the goods are incorporated into the works and pass to the customer, whether in their original or altered form. Applying that principle, printing ink and processing chemicals used in printing lottery tickets were part of the execution of the contract and formed a transferable composite medium. Their later consumption or chemical alteration did not negate the transfer of property. The levy on those materials was therefore valid. Case-Laws VAT / Sales Tax Tue, 07 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779591