1995 (1) TMI 362

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.... Act, 1959, the Maharashtra Sales Tax Tribunal, Bombay, has referred the following question of law to this Court for opinion at the instance of the Revenue: "Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the sale of machinery effected on January 10, 1979, after the cessation of production (which the applicant claims as closure of business) ....

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....he year 1988 has been given retrospective effect from July 1, 1981. In view of the above amendment, according to the learned counsel for the Revenue, sales of machinery effected even after the closure of a business would fall within the definition of sale of goods by a dealer in the course of business. We asked the learned counsel for the Revenue whether the Legislature having given retrospective ....