Supreme Court · 1996 INSC 1143 · Decided 4 October 1996
State of Tamil Nadu v. Sri Srinivasa Sales Circulation
- Court
- Supreme Court of India
- Citation
- 1996 INSC 1143 · [1996] SUPP. 7 S.C.R. 185
- Case number
- CIVIL APPEAL No. 2348/1978
- Decided
- 4 October 1996
- Bench
- S.P. BHARUCHA, FAIZAN UDDIN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
B Tamil Nadu General Sales Tax Act, 1959: Section 3(1). Sales Tax-AY 1967-68-Sale-{]nder an implied contract-Liability to tax-Assessee floated a scheme under which a purchaser of a coupon for Rs.5 C got 3 more coupons for Rs.J~urchaser in tum sold these coupons to three persons and retained the further sale--On payment by the said three persons, the original purchaser became entitled to receive an a1ticle of his choice mentioned by him in the order fomi-Held: Such a transaction is a sale under an implied contract and liable to sales tax-Sale of Goods Act, D 1930. The
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