1955 (9) TMI 51

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.... the Madhya Pradesh Sales Tax Act, 1947, as extended to the State of Vindhya Pradesh is the charging section. The definition of "dealer" includes a person who carries on the business of "supplying goods"; "contract" includes the carrying out construction, improvement or repair of any building, road, bridge or other immovable property; "goods" include all materials to be used in the construction, improvement or repair of immovable property. "Sale" is defined as follows: " 'Sale' with all its grammatical variations and cognate expressions means any transfer of property in goods for cash or deferred payment or other valuable consideration, including a transfer of property in goods made in the course of the execution of a contract, but does not....

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....ost of materials used in carrying out such contracts as may be prescribed. Rule 7 which prescribes this proportion reads"Taxable turnover in respect of contracts.-In calculating the sale price for the purpose of sub-clause (ii) of clause (h) of section 2 of the Act, a dealer may be permitted to deduct from the amount payable to him as valuable consideration for carrying out a contract, a sum not exceeding such percentages as may be fixed by the Commissioner for different areas subject to the following maximum percentages, namely: (a) In the case of an electrical contract ... 20% (b) In the case of structural contract ... 30% (c) In the case of sanitary or gas contract ... 33 1/3% Page No: 162 (d) In the case of overhaul or repair of any mot....