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1971 (7) TMI 133 - SC - VAT and Sales TaxWhether the collection of sales tax by the dealer from his purchasers can be considered as valuable consideration received by him for the sale of goods? Held that:- Appeal dismissed. When the seller passes on his tax liability to the buyer, the amount recovered by the dealer is really part of the entire consideration paid by the buyer and the distinction between the two amounts-tax and price-loses all significance.
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